29 Read AvenueLithgow NSW 2790
Property Details for 29 Read Ave, Lithgow
29 Read Ave, Lithgow is a 4 bedroom, 2 bathroom House and was built in 1920. The property has a land size of 190m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in May 2022.
Last Listing description (June 2022)
Double the income here with this pair of 2 bedroom semi detached residences. Both homes are leased to long term tenants with a combined rental income of $500 per week.
The traditional floor plans consists of separate lounge rooms with gas heating and separate dining rooms, laminated kitchens and small easy care yards. There is rear lane access and the property is located in a convenient central location within 250 metres of Main Street.
An ideal easy care investment.
Property History for 29 Read Ave, Lithgow, NSW 2790
- 24 Jun 2022Listed for Sale Sold
- 10 May 2022Sold for $570,000
- 04 Apr 2022Listed for Sale $550,000
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About Lithgow 2790
The size of Lithgow is approximately 6 square kilometres. It has 18 parks covering nearly 23.4% of total area. The population of Lithgow in 2011 was 5,649 people. By 2016 the population was 5,211 showing a population decline of 7.8% in the area during that time. The predominant age group in Lithgow is 60-69 years. Households in Lithgow are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Lithgow work in a trades occupation. In 2011, 65% of the homes in Lithgow were owner-occupied compared with 62% in 2016.
Lithgow has 3,257 properties. Over the last 5 years, Houses in Lithgow have seen a 58.89% increase in median value, while Units have seen a 80.15% increase. As at 31 October 2024:
- The median value for Houses in Lithgow is $492,473 while the median value for Units is $361,573.
- Houses have a median rent of $410 while Units have a median rent of $330.
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