SOLD
Sold on 21 Feb 2024 for $670,000

1/2-4 Rainbow Road
Mittagong NSW 2575

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 73m2
Land area: 238m2
Sold By
One Agency Southern Highlands
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Property Details for 1/2-4 Rainbow Rd, Mittagong

1/2-4 Rainbow Rd, Mittagong is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1985. The property has a land size of 238m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Unit sold in Mittagong in the last 12 months.

Building Type
Unit
Year Built
1985
Floor Size
73m2
Land Size
238m2
Local Government
Wingecarribee
Lot/Plan
1/SP39083

Last Listing description (February 2024)

Discover a peaceful haven at 1 /2-4 Rainbow Road, Mittagong - an ideal residence tailored for retirees or downsizers seeking comfort and convenience. This two-bedroom gem, nestled in a serene neighbourhood, provides easy access to Mittagong Marketplace and a host of amenities.

Key Features:
- Two bedrooms both with builtins

- One bathroom with separate toilet
- Inviting living spaces
- Established easy-care gardens
- Proximity to transportation and local shopping centres
- Single lock-up garage
- Strata Levy - $904 per quarter

Residents of this inviting abode will enjoy the comfort of two bedrooms, each thoughtfully designed with built-in wardrobes. The heart of this residence is the living area, adorned with large picture windows that welcome an abundance of natural light. This design not only illuminates the interiors but also offers a picturesque view of the garden via the front verandah. The result is a bright and welcoming atmosphere that adds to the overall charm and comfort of the home.

Step outside and discover a quiet retreat in the form of a private rear-covered patio. This secluded space overlooks a lush lawn and easy-care established gardens, creating a serene environment for residents to enjoy the fresh air. Whether it's a peaceful moment of solitude or hosting intimate gatherings, this patio becomes an extension of the living space, adding an extra layer of relaxation to the property.

Situated with retirees and downsizers in mind, this residence offers not only the comfort of a peaceful abode but also proximity to Mittagong Marketplace and a range of local amenities, making daily living a breeze.

Don't miss the opportunity to secure your tranquil retreat. For more information on 1 / 2-4 Rainbow Road, Mittagong we welcome you to attend one of our Open Homes, or to arrange a private inspection please contact Henry Capel on 0431 190 368 or email henrycapel@oneagency.com.au

Property History for 1/2-4 Rainbow Rd, Mittagong, NSW 2575

A timeline of how this property has performed in the market
Last Sold
$670,000
21 Feb 2024
  • 21 Feb 2024
    Sold for $670,000
  • 11 Jan 2024
    Listed for Sale Guide $650,000 to $675,000
  • 21 Mar 2012
    Sold for $325,000
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About Mittagong 2575

The size of Mittagong is approximately 60.5 square kilometres. It has 12 parks covering nearly 20.4% of total area. The population of Mittagong in 2011 was 5,720 people. By 2016 the population was 5,756 showing a population growth of 0.6% in the area during that time. The predominant age group in Mittagong is 10-19 years. Households in Mittagong are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mittagong work in a professional occupation. In 2011, 69.8% of the homes in Mittagong were owner-occupied compared with 69.3% in 2016.

Mittagong has 3,659 properties. Over the last 5 years, Houses in Mittagong have seen a 62.33% increase in median value, while Units have seen a 9.48% increase. As at 31 October 2024:

  • The median value for Houses in Mittagong is $1,038,543 while the median value for Units is $680,161.
  • Houses have a median rent of $620 while Units have a median rent of $450.
There are currently 40 properties listed for sale, and 7 properties listed for rent in Mittagong on OnTheHouse. According to CoreLogic's data, 139 properties were sold in the past 12 months in Mittagong.

Suburb Insights for Mittagong 2575

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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.