16 Stabback St, Millthorpe is a 5 bedroom, 2 bathroom House with 1 parking spaces and was built in 1910. The property has a land size of 594m2. While the property is not currently for sale or for rent, it was last sold in October 2011.
Located on the edge of historic Millthorpe village and boasting a wonderful rural outlook, 16-18 Stabback Street is an equally attractive prospect for investors and owner-occupiers alike. A sure-fire Airbnb earner, with consistently strong returns for the last three years. If that doesn?t get potential investors excited, having two houseblocks ripe for development, a stone?s throw from the Millthorpe town centre certainly will. While there are opportunities to add value, much of this work has already been done, most notably in the restoration of some of the classic original features:cornices, lights, picture and ceiling rails. There's four bedrooms and two separate living areas, one of which houses a glorious wood fireplace, as well as a dining room adjacent to the kitchen. The exterior features on the 1200-square-metre block are something of a throwback to years gone by, with a timber, front-facing verandah and outdoor dining and barbecue area in the backyard. A standalone garage and shed with attached workshop are further features. Whether you're looking to settle into quiet village life, a new development opportunity, seeking a sure-fire Airbnb winner, this fantastic property is one you'll want to inspect.
- Heritage home in Millthorpe village backing on to open farm land
- Successful Air BNB
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The size of Millthorpe is approximately 76.4 square kilometres. The population of Millthorpe in 2011 was 1,109 people. By 2016 the population was 1,228 showing a population growth of 10.7% in the area during that time. The predominant age group in Millthorpe is 0-9 years. Households in Millthorpe are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Millthorpe work in a professional occupation. In 2011, 78.7% of the homes in Millthorpe were owner-occupied compared with 80.6% in 2016.
Millthorpe has 711 properties. Over the last 5 years, Houses in Millthorpe have seen a 79.43% increase in median value, while Units have seen a 471.57% increase. As at 31 October 2024:
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