OFF MARKET

16 Stabback Street
Millthorpe NSW 2798

Bedrooms: 5
Bathrooms: 2
Car spaces: 1
Land area: 594m2
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Property Details for 16 Stabback St, Millthorpe

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.

Building Type
House
Year Built
1910
Land Size
594m2
Local Government
Blayney
Lot/Plan
26/DP1112

Last Listing description (August 2023)

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

- Five bedrooms
- Living room with electric fireplace
- Kitchen with adjoining dining room
- Restored original features: cornices, lights, picture and ceiling rails
- Two bathrooms
- Gas heating
- 1200-square-metre double titled block
- Standalone garage with lock up workshop
- Outdoor barbecue and dining area
- Classic front-facing verandah
- Water tank

Information published by Our City Real Estate on its website and in its advertising and marketing materials is obtained from sources the Agency deems trustworthy and reliable. While we make every effort to obtain and use accurate information we take no responsibility for any inaccuracies within that information and will not be liable for any losses incurred through its use. We recommend that interested people source their own information before making decisions.

Property History for 16 Stabback St, Millthorpe, NSW 2798

A timeline of how this property has performed in the market
Last Sold
$270,000
17 Oct 2011
  • 30 Jun 2023
    Listed for Sale Not Disclosed
  • 03 Mar 2022
    Sold
  • 17 Oct 2011
    Sold for $270,000
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About Millthorpe 2798

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:

  • The median value for Houses in Millthorpe is $764,704 while the median value for Units is $461,933.
  • Houses have a median rent of $500.
There are currently 16 properties listed for sale, and 3 properties listed for rent in Millthorpe on OnTheHouse. According to CoreLogic's data, 33 properties were sold in the past 12 months in Millthorpe.

Suburb Insights for Millthorpe 2798

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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.