OFF MARKET

42 Railway Parade
Mittagong NSW 2575

Bedrooms: 8
Bathrooms: 4
Car spaces: 4
Land area: 1204m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 16 Dec 2024
Low

High
Save

Property Details for 42 Railway Pde, Mittagong

42 Railway Pde, Mittagong is a 8 bedroom, 4 bathroom House with 4 parking spaces. The property has a land size of 1204m2. While the property is not currently for sale or for rent, it was last sold in February 2023.

Building Type
House
Land Size
1204m2
Local Government
Wingecarribee
Lot/Plan
1/14/DP1289

Last Listing description (April 2023)

If you are looking for the perfect investment opportunity, look no further!

A prime location, just a stone's throw to Mittagong train station, cafes and shops, these four two-bedroom units offer affordable rental prices, no shortage of tenants and regular income. Solid brick construction, single-level units, all with individual access to water, gas and electricity.

Unit one and three are identical in layout, with unit two and four the mirror image. Each with two bedrooms, they are well suited to singles and couples. With the added benefit of your own internal laundry with storage, a good-size bathroom and a generous kitchen, they are highly sought-after rental properties. Buy to land bank and redevelop or renovate in years to come. Bursting with development potential, reap the benefits of this once in a lifetime investment opportunity.

Property Features
Four two-bedroom units - one bedroom in each with built-in robe
Internal laundries with access to the communal backyard
Generous kitchens with lots of bench and storage space
Good size living and dining area
Gas bayonet connections for heating
Single car covered carports
Individually metered amenities-water, gas and electricity
Corner block

Rental Prices
Flat one - $360 pw
Flat two - $380 pw
Flat three - $290 pw
Flat four - $330 pw

Land Details
Council Rates - $3,300pa approx
Water / Sewerage Rates: $4,480pa approx (usage in addition paid by tenants)
Total block size 1204sqm approx
Frontage 58.9sqm approx
Width 20.9sqm approx
One title/R3 zoning

Property History for 42 Railway Pde, Mittagong, NSW 2575

A timeline of how this property has performed in the market
Last Sold
$1,536,000
20 Feb 2023
  • 20 Feb 2023
    Sold for $1,536,000
  • 07 Feb 2023
    Listed for Sale Contact Agent
  • 11 Jun 2020
    Listed for Rent $360 / week
Sign in to see more transactions

Commute Calculator

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.

    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.

    Suburb Insights for Mittagong 2575

    Market Insights
    Trends for Houses
    Median Value

    N/A

    -
    View Trend
    Median Growth

    N/A

    View Trend
    Median Rent

    N/A

    -
    View Trend
    Rental Yield

    N/A

    -
    View Trend
    Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


    Median Value over 1 year
    Trends for Units
    Median Value

    N/A

    -
    View Trend
    Median Growth

    N/A

    View Trend
    Median Rent

    N/A

    -
    View Trend
    Rental Yield

    N/A

    -
    View Trend
    Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


    Median Value over 1 year
    Neighbourhood Insights
    Age
    Household
    Occupancy
    No data to show
    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.