OFF MARKET

12 River Street
Mylestom NSW 2454

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 106m2
Land area: 410m2
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Last updated 11 Nov 2024
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Property Details for 12 River St, Mylestom

12 River St, Mylestom is a 3 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 410m2 and floor size of 106m2. While the property is not currently for sale or for rent, it was last sold in June 2014.

Building Type
House
Floor Size
106m2
Land Size
410m2
Local Government
Bellingen
Lot/Plan
8/DP249798

Last Listing description (March 2011)

There simple is no better location in Mylestom than this! With 180 views over the Bellinger River to the mountains your views can never be built out. The current 1940s/50s holiday cottage is a gross undercapitalisation of this magnificent location with 3 bedrooms, living, dining, kitchen, bathroom/laundry. The lock up shed/garage is big enough for your boat, your car and a small workshop area and you will never regret buying it in Mylestoms number one location.

The house itself is fairly simple - it started life as a 2 room weatherboard cottage with wide verandah on all 4 sides and now with the verandahs enclosed it provides 3 good sized bedrooms. The living area looks out to the magnificent river and mountain view while the kitchen/breakfast room looks out to the backyard. The kitchen offers reasonable bench, cupboard & drawer space with electric cooktop and oven & single stainless steel sink.


The bathroom/laundry is spacious with simple shower, vanity & toilet together with laundry tub, washing machine connections, and cupboard. Outside there is always a lovely cool breeze & the outside dunny is a poignant reminder of the days gone by.

The lock up garage/shed is 6 x 5m with one roller door and one side door. Theres plenty of room for your car and your run about boat with a bit of space left over to set up your tools and workshop.

But really, this is all about the location. I said it to begin with and ill say it again There is simple no better location in Mylestom which has enjoyed some of the highest capital growth in regional Australia. Its usually a long time between sales in allocation like this and this property has already served 2 generations as a favourite holiday spot.

Mylestom is all about lifestyle fishing, swimming, surfing, beach walking, skiing you name it the choice is yours. Mylestom will never have more properties than it does now as no further development is possible so you are virtually guaranteed that values will only go one way up, up, up!

I wouldnt expect this property to stay on the market for very long so if youve been waiting for years for one to come up on the river I suggest you act quickly.

Call to view at a time to suit you.

Inspections are by appointment call Guy Saddleton Real Estate on 6655 2458

Property History for 12 River St, Mylestom, NSW 2454

A timeline of how this property has performed in the market
Last Sold
$560,000
12 Jun 2014
  • 12 Jun 2014
    Sold for $560,000
  • 23 May 2011
    Listed for Sale SOLD - $525,000
  • 03 Mar 2011
    Sold for $525,000
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About Mylestom 2454

The size of Mylestom is approximately 5.1 square kilometres. It has 2 parks. The population of Mylestom in 2011 was 337 people. By 2016 the population was 332 showing a population decline of 1.5% in the area during that time. The predominant age group in Mylestom is 50-59 years. Households in Mylestom are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mylestom work in a labourer occupation. In 2011, 67.4% of the homes in Mylestom were owner-occupied compared with 70.8% in 2016.

Mylestom has 273 properties. Over the last 5 years, Houses in Mylestom have seen a 76.11% increase in median value, while Units have seen a 57.37% increase. As at 31 October 2024:

  • The median value for Houses in Mylestom is $870,630 while the median value for Units is $622,959.
  • Houses have a median rent of $380.
There are currently 1 property listed for sale, and no properties listed for rent in Mylestom on OnTheHouse. According to CoreLogic's data, 11 properties were sold in the past 12 months in Mylestom.

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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.