OFF MARKET

95 Megalong Street
Leura NSW 2780

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Floor area: 100m2
Land area: 852m2
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Property Details for 95 Megalong St, Leura

95 Megalong St, Leura is a 4 bedroom, 2 bathroom House and was built in 1910. The property has a land size of 852m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in May 2022.

Building Type
House
Year Built
1910
Floor Size
100m2
Land Size
852m2
Local Government
Blue Mountains
Lot/Plan
1/DP937385

Last Listing description (December 2023)

Proudly sitting on a elevated 847sqm block is a fantastic opportunity for investors or families seeking multi-generational living options or first home buyers looking for a way to supplement their mortgage repayments. Located within a sought-after area, only 300 metres to cosmopolitan Leura Mall cafes, restaurants and shops. The property has long term and stable tenants. With the potential to achieve a great rental return with upside and possible development possibilities (STCA).

Both rentals have been updated internally and offer appealing interiors. Northern orientation and elevated above street level provides great natural light throughout. Ornate period style features provide charm. There is further scope to renovate or extend to create a truly one of a kind property or return the property to a single residence.

Summary of features:

Two dwellings, with seperate access to each, separately metered for electricity
Unit 1 :2-bedroom, 1 bathroom, new kitchen , single level dwelling
Unit 2 : 2-bedroom, 1 bathroom, single level dwelling
Excellent long term tenants in both dwellings, total rental return of $730p/w
Large grassed yard and access off street for vehicle parking
Land size 847sqm; Zoned LEP 2005 Living conservation
Scope for further renovation or convert back to single residence or development (STCA)
Strategic long term hold investment, close to all amenities
Council permitted as 2 rentals

Property History for 95 Megalong St, Leura, NSW 2780

A timeline of how this property has performed in the market
Last Sold
$910,000
17 May 2022
Listed for Rent
$295/w
01 Aug 2017
  • 17 May 2022
    Sold for $910,000
  • 01 Jul 2020
    Listed for Rent $400 / week
  • 03 Sep 2019
    Listed for Sale Contact Agent
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About Leura 2780

The size of Leura is approximately 11.1 square kilometres. It has 16 parks covering nearly 9.3% of total area. The population of Leura in 2011 was 4,363 people. By 2016 the population was 4,643 showing a population growth of 6.4% in the area during that time. The predominant age group in Leura is 60-69 years. Households in Leura are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Leura work in a professional occupation. In 2011, 72.5% of the homes in Leura were owner-occupied compared with 73.6% in 2016.

Leura has 3,267 properties. Over the last 5 years, Houses in Leura have seen a 55.34% increase in median value, while Units have seen a 16.76% increase. As at 30 November 2024:

  • The median value for Houses in Leura is $1,025,205 while the median value for Units is $639,684.
  • Houses have a median rent of $650 while Units have a median rent of $498.
There are currently 34 properties listed for sale, and 6 properties listed for rent in Leura on OnTheHouse. According to CoreLogic's data, 113 properties were sold in the past 12 months in Leura.

Suburb Insights for Leura 2780

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.