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Sold on 25 Jul 2024 for $775,000

232 Mortimer Street
Mudgee NSW 2850

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 3895m2
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Property Details for 232 Mortimer St, Mudgee

232 Mortimer St, Mudgee is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 3895m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom House sold in Mudgee in the last 12 months.

Building Type
House
Land Size
3895m2
Local Government
Mid-Western Regional
Lot/Plan
1/DP865437

Last Listing description (July 2024)

Here is a golden opportunity for property developers. The chance to maximise your return on investment. With DA approval for seven residential properties in the beautiful town of Mudgee.

Selling points:

• Existing house is currently leased $440 per week

• Current lot size is approx. 3,895sqm
• Approved DA for seven community title dwellings
• Perfect for developers
• Six dwellings are three-bedroom and the 7th being two-bedroom
• Each dwelling rages from approx. 369sqm to 492sqm
• Secure your future today with confidence in the Mudgee region
• Note images are artist impressions and for marketing purposes only

Contact Ben Reynolds on 0456 651 226 to arrange an inspection today.

Disclaimer:
We have obtained this property information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own investigations.

Property History for 232 Mortimer St, Mudgee, NSW 2850

A timeline of how this property has performed in the market
Last Sold
$775,000
25 Jul 2024
Listed for Rent
$440/w
04 Aug 2023
  • 25 Jul 2024
    Sold for $745,000
  • 28 Jun 2024
    Listed for Sale $795,000
  • 04 Aug 2023
    Listed for Sale $875,000
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About Mudgee 2850

The size of Mudgee is approximately 29.7 square kilometres. It has 28 parks covering nearly 29.6% of total area. The population of Mudgee in 2011 was 9,829 people. By 2016 the population was 10,912 showing a population growth of 11.0% in the area during that time. The predominant age group in Mudgee is 0-9 years. Households in Mudgee are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mudgee work in a trades occupation. In 2011, 60.8% of the homes in Mudgee were owner-occupied compared with 59.7% in 2016.

Mudgee has 7,102 properties. Over the last 5 years, Houses in Mudgee have seen a 67.83% increase in median value, while Units have seen a 78.73% increase. As at 30 September 2024:

  • The median value for Houses in Mudgee is $668,435 while the median value for Units is $447,419.
  • Houses have a median rent of $580 while Units have a median rent of $440.
There are currently 76 properties listed for sale, and 51 properties listed for rent in Mudgee on OnTheHouse. According to CoreLogic's data, 271 properties were sold in the past 12 months in Mudgee.

Suburb Insights for Mudgee 2850

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Ben Reynolds
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Reynolds Estate Agents
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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.