SOLD
Sold on 12 Aug 2024 for $1,100,000

24 New City Road
Mullumbimby NSW 2482

Bedrooms: 5
Bathrooms: 2
Car spaces: -
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Property Details for 24 New City Rd, Mullumbimby

24 New City Rd, Mullumbimby is a 5 bedroom, 2 bathroom House and was built in 1950. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 5 bedroom House sold in Mullumbimby in the last 12 months.

Building Type
House
Year Built
1950
Local Government
Byron
Lot/Plan
C/DP391853

Last Listing description (August 2024)

Charming 1930's Home in Central Mullum Location with Approved Secondary Dwelling on 632m2

Turn key investment opportunity with excellent income exceeding 5% return. This quintessential 1930's Mullumbimby cottage underwent a substantial renovation in 2023 creating bright and inviting spaces filled with natural light and calm energy. There is also a fully approved, self-contained 1 bedroom granny flat with rear lane access making this a perfect property for multi-generational living or great opportunity for a potential income stream.

Located in a family friendly neighbourhood and walking distance to town, this is a perfect home for a growing family. The stainless steel modular kitchen boasts plenty of storage and gas cooking. The spacious living area has hardwood floors and opens through timber sliding doors to a large covered deck and north-facing level yard with established gardens - a great space for entertaining and for the kids to play.

In the main residence 3 of the 4 bedrooms include built in robes and there is a separate designated office space with an its own entry at the front of the house. Airconditioning throughout make this lovely home comfortable all year round. The family bathroom is a great size and adjoins the laundry which is also accessible to the outside.

An additional bonus to this property is the fully approved 1 bedroom granny flat which enjoys the same light-filled energy as the main house with an open-plan kitchen / living area, gas cooktop, ample storage, full sized bathroom with bath, and lovely private deck surrounded by greenery. There is also a parking space and access from the back laneway making it completely separate from the main house. This is a fantastic opportunity for those seeking an additional income stream.

This lovingly restored, low maintenance property is just a 20 minute drive to Byron Bay beaches & 10 minutes to Brunswick Heads. An amazing opportunity for tree/sea changers, first homeowners or the savvy investor alike.

Property History for 24 New City Rd, Mullumbimby, NSW 2482

A timeline of how this property has performed in the market
Last Sold
$1,100,000
12 Aug 2024
  • 08 Aug 2024
    Sold for $1,100,000
  • 29 Feb 2024
    Listed for Sale $1M - $1.1M
  • 28 Aug 2023
    Listed for Rent $450 per week
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About Mullumbimby 2482

The size of Mullumbimby is approximately 27.6 square kilometres. It has 10 parks covering nearly 2.8% of total area. The population of Mullumbimby in 2011 was 3,171 people. By 2016 the population was 3,600 showing a population growth of 13.5% in the area during that time. The predominant age group in Mullumbimby is 50-59 years. Households in Mullumbimby are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mullumbimby work in a professional occupation. In 2011, 66.7% of the homes in Mullumbimby were owner-occupied compared with 65.8% in 2016.

Mullumbimby has 2,386 properties. Over the last 5 years, Houses in Mullumbimby have seen a 36.59% increase in median value, while Units have seen a 98.52% increase. As at 30 November 2024:

  • The median value for Houses in Mullumbimby is $1,031,924 while the median value for Units is $732,439.
  • Houses have a median rent of $833 while Units have a median rent of $565.
There are currently 8 properties listed for sale, and 4 properties listed for rent in Mullumbimby on OnTheHouse. According to CoreLogic's data, 93 properties were sold in the past 12 months in Mullumbimby.

Suburb Insights for Mullumbimby 2482

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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.