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Sold on 17 May 2024 - Price Unavailable

8-14 Lithgow Street
Lithgow NSW 2790

Bedrooms: 8
Bathrooms: 8
Car spaces: 1
Land area: 1663m2
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Property Details for 8-14 Lithgow St, Lithgow

8-14 Lithgow St, Lithgow is a 8 bedroom, 8 bathroom BlockOfUnits with 1 parking spaces. The property has a land size of 1663m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 8 bedroom BlockOfUnits sold in Lithgow in the last 12 months.

Building Type
BlockOfUnits
Land Size
1663m2
Local Government
Lithgow City
Lot/Plan
4/DP233691

Last Listing description (May 2024)

A unique investment opportunity in this attractive row of early 1900's character double brick terraces configured into 8 separate 1 bedroom units. The land area is 1663 square metres and includes a lock up garage.
A strong rental history with 7 units leased to Link Wentworth Housing with guaranteed rental returns and long-term stable tenancies.

Each unit has first floor balcony or ground level verandah access and there is a large off-street parking area at the rear. Two convenient street access points provide safe vehicle access to the property.
Scope for future renovations to add value and increase rental returns down the track. A fantastic rental return and a great regional residential property investment with multiple tenancies to spread the risk.
A prime central location on the edge of Lithgow CBD close to Main Street retail strip, The Valley Plaza, Saint Patrick's School, Queen Elizabeth Park and sporting facilities.
Contact us for a full Information Memorandum & Investment Details.
Inspect Wednesdays and Saturdays by appointment.

Property History for 8-14 Lithgow St, Lithgow, NSW 2790

A timeline of how this property has performed in the market
Last Sold
17 May 2024
  • 17 May 2024
    Listed for Sale Under Contract
  • 16 May 2024
    Sold for $1,670,000
  • 09 Sep 2013
    Sold for $715,000
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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 3,252 properties. Over the last 5 years, Houses in Lithgow have seen a 57.77% increase in median value, while Units have seen a 100.29% increase. As at 31 July 2024:

  • The median value for Houses in Lithgow is $495,532 while the median value for Units is $469,969.
  • Houses have a median rent of $400 while Units have a median rent of $380.
There are currently 52 properties listed for sale, and 33 properties listed for rent in Lithgow on OnTheHouse. According to CoreLogic's data, 142 properties were sold in the past 12 months in Lithgow.

Suburb Insights for Lithgow 2790

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Contact agent
Jamie Giokaris
Show contact details
LJ Hooker Lithgow
Preferred contact:
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.