27 Wellington StreetMolong NSW 2866
Property Details for 27 Wellington St, Molong
27 Wellington St, Molong is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1940. The property has a land size of 661m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in May 2019.
Last Listing description (May 2019)
Here is a great opportunity to secure an affordable property in the thriving town of Molong. This home offers plenty of potential to a savvy buyer and can be set up as either two or three bedrooms. It features a recently renovated bathroom and a well-proportioned lounge room. The property has a spacious, north facing back yard providing a great space for the kids to run around. It is conveniently and centrally located straight across the road from a school and is only a short walk to the centre of town. There is ample opportunity to value add to this property and it not only provides a great opportunity for first home buyers, but investors will also be interested as the property offers strong immediate returns of $230 per week with scope for growth.
Property History for 27 Wellington St, Molong, NSW 2866
- 31 May 2022Listed for Rent $395 / week
- 10 Mar 2022Listed for Rent $415 / week
- 26 Apr 2021Listed for Rent $350 / week
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0About Molong 2866
The size of Molong is approximately 425.3 square kilometres. It has 2 parks. The population of Molong in 2011 was 2,515 people. By 2016 the population was 2,594 showing a population growth of 3.1% in the area during that time. The predominant age group in Molong is 10-19 years. Households in Molong are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Molong work in a managers occupation. In 2011, 74.1% of the homes in Molong were owner-occupied compared with 71.2% in 2016.
Molong has 1,492 properties. Over the last 5 years, Houses in Molong have seen a 97.52% increase in median value, while Units have seen a 62.46% increase. As at 31 October 2024:
- The median value for Houses in Molong is $518,005 while the median value for Units is $477,463.
- Houses have a median rent of $450.
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