70 Hill StreetMolong NSW 2866
Property Details for 70 Hill St, Molong
Last Listing description (September 2023)
Rarely do you have an opportunity to purchase DA approved sites with the capacity to build 7 standalone 2 bedroom villas. The first stage of this development is complete with four villas already well established. The residual land on offer, sitting directly behind the first stage, totals 2,719 sqm in size and provides a generous amount of space for each of the new villas. There are equally great prospects for an investor to build the new villas and retain them as investment properties or alternatively to on-sell some or all of the newly developed homes. Molong has proven to be a very strong investment town with great growth in property prices and consistently low rental vacancy rates. Such a unique proposition is well worth your consideration as the potential reward here is great.
Property History for 70 Hill St, Molong, NSW 2866
- 11 Sep 2023Listed for Sale Not Disclosed
- 19 Sep 2020Listed for Sale Not Disclosed
- 06 Jun 2015Listed for Sale $70,000
Commute Calculator
Recent sales nearby
See more recent sales nearby
0
Similar properties For Sale nearby
See more properties for sale nearby
0
0
0
Similar properties For Rent nearby
See more properties for rent nearby
0
0
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 1,493 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.
Suburb Insights for Molong 2866
Market Insights
Molong Trends for Houses
N/A
N/A
View TrendN/A
N/A
Molong Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
