OFF MARKET

7 Boag Street
Mollymook NSW 2539

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 78m2
Land area: 1100m2
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Last updated 14 Oct 2024
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Property Details for 7 Boag St, Mollymook

7 Boag St, Mollymook is a 4 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2000. The property has a land size of 1100m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in June 2018.

Building Type
Unit
Year Built
2000
Floor Size
78m2
Land Size
1100m2
Local Government
Shoalhaven
Lot/Plan
125/DP31828

Last Listing description (August 2018)

Investor Alert - We have 2 x2 bedroom units on one title with a potential combined income of approximately $620.00 - $650.00 per week, a potential return in excess of 5%.
These units are sitting on a brilliant block of approximately 1,100m2. There is the possibility for a future subdivision (STCA), with slight changes to the existing building.
One unit is currently tenanted with happy tenants who wish to stay and the other is vacant only for sale purposes. The units are neat and tidy, however there is certainly scope for further improvement.

Scoop up this opportunity for dual income on a block with future potential. Call today for information and inspection.

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Property History for 7 Boag St, Mollymook, NSW 2539

A timeline of how this property has performed in the market
Last Sold
$650,000
29 Jun 2018
Listed for Rent
$190/w
24 Jul 2012
  • 29 Jun 2018
    Sold for $650,000
  • 26 Apr 2018
    Listed for Sale $650,000
  • 06 Sep 2013
    Sold for $300,000
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About Mollymook 2539

The size of Mollymook is approximately 1.8 square kilometres. It has 8 parks covering nearly 25.4% of total area. The population of Mollymook in 2011 was 1,184 people. By 2016 the population was 1,068 showing a population decline of 9.8% in the area during that time. The predominant age group in Mollymook is 60-69 years. Households in Mollymook are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mollymook work in a professional occupation. In 2011, 76.8% of the homes in Mollymook were owner-occupied compared with 73.9% in 2016.

Mollymook has 1,230 properties. Over the last 5 years, Houses in Mollymook have seen a 76.33% increase in median value, while Units have seen a 63.81% increase. As at 30 September 2024:

  • The median value for Houses in Mollymook is $1,056,598 while the median value for Units is $671,275.
  • Houses have a median rent of $630 while Units have a median rent of $463.
There are currently 46 properties listed for sale, and 3 properties listed for rent in Mollymook on OnTheHouse. According to CoreLogic's data, 37 properties were sold in the past 12 months in Mollymook.

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