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Sold on 12 Feb 2024 - Price Unavailable

20 Oxley Drive
Mittagong NSW 2575

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 829m2
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Property Details for 20 Oxley Dr, Mittagong

20 Oxley Dr, Mittagong is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 829m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom House sold in Mittagong in the last 12 months.

Building Type
House
Land Size
829m2

Last Listing description (February 2024)

Presenting a fantastic opportunity for developers and investors, this property offers a three-bedroom older home situated on a spacious 829sqm block in the sought-after Oxley Drive location of Mittagong. Boasting an R3 Medium Density zoning, this property holds tremendous development potential, subject to council approval.

The existing older home provides a comfortable living space with three bedrooms, offering flexibility for immediate use or rental income while exploring the development options. The generous land size provides ample room for expansion, allowing for the construction of additional dwellings or townhouses, making it a highly desirable proposition for astute developers.

The property's prime location on Oxley Drive puts it within close proximity to the heart of Mittagong, ensuring convenient access to all the amenities and services this vibrant town has to offer. With schools, shops, cafes, and parks just a short distance away, residents can enjoy the convenience of urban living while still savoring the peaceful ambiance of this charming suburb.

Please note that any development plans will be subject to council approval, allowing you the opportunity to tailor the property to suit your specific vision. The R3 Medium Density zoning offers an array of possibilities, and with careful planning and design, this property has the potential to be transformed into a valuable development or investment venture.

Don't miss this remarkable opportunity to secure a property with development potential in a prime Mittagong location. Contact our agents today to arrange a viewing and discuss the exciting possibilities this property presents.

***Neighbouring property 18 Oxley Drive, Mittagong with a land size of 708sqm is also on the market, by purchasing both properties together you will be securing total land size of 1,532sqm of R3 medium density zoned land. Contact us to discuss purchasing both properties as a development opportunity. (Subject to council approval)

Disclaimer:
It is the responsibility of the interested parties to verify the accuracy of any information provided and to ensure that the property meets their specific requirements. Whilst best efforts have been made Ray White Mittagong and its agents do not guarantee the accuracy of the information provided and shall not be held liable for any errors, omissions, or discrepancies.

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Property History for 20 Oxley Dr, Mittagong, NSW 2575

A timeline of how this property has performed in the market
Last Sold
12 Feb 2024
  • 25 Jan 2024
    Sold for $785,000
  • 29 Jun 2023
    Listed for Sale $750,000 - $800,000
  • 16 Aug 2022
    Sold

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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 3,690 properties. Over the last 5 years, Houses in Mittagong have seen a 60.68% increase in median value, while Units have seen a 29.43% increase. As at 30 November 2024:

  • The median value for Houses in Mittagong is $1,026,050 while the median value for Units is $717,872.
  • Houses have a median rent of $620 while Units have a median rent of $488.
There are currently 31 properties listed for sale, and 19 properties listed for rent in Mittagong on OnTheHouse. According to CoreLogic's data, 138 properties were sold in the past 12 months in Mittagong.

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