34 Caswell StreetPeak Hill NSW 2869
Property Details for 34 Caswell St, Peak Hill
Last Listing description (February 2020)
We are pleased to offer the leasehold interest of a 14 unit, 3 Star, Bed & Breakfast Motel, located on the busy Newell Highway in the Central West of NSW at Peak Hill.
Peak Hill is situated approximately 50km to the north of Parkes, and has a population of 1,400 people.
Peak Hill, enjoying a proud history indelibly linked with the discovery of gold in 1889, is situated 48km north of Parkes. Providing centrality and accessibility, Peak Hill lies 442km from Sydney, 947km from Brisbane, 744km from Melbourne, 364 km from Canberra and 1143 from Adelaide.
During the last 3 years, Beds replaced from Doubles to Queens, Bedspreads, curtains, crockery replaced, Electric Blankets replaced, most carpets replaced. This motel presents extremely well, is well maintained, and spotlessly clean.
Property History for 34 Caswell St, Peak Hill, NSW 2869
- 20 Dec 2019Sold for $550,000
- 17 Sep 2019Listed for Sale $600,000
- 14 Jun 2017Listed for Sale $175,000
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0About Peak Hill 2869
The size of Peak Hill is approximately 1,263.2 square kilometres. It has 13 parks covering nearly 4.9% of total area. The population of Peak Hill in 2011 was 1,150 people. By 2016 the population was 1,120 showing a population decline of 2.6% in the area during that time. The predominant age group in Peak Hill is 60-69 years. Households in Peak Hill are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Peak Hill work in a managers occupation. In 2011, 68.3% of the homes in Peak Hill were owner-occupied compared with 65% in 2016.
Peak Hill has 928 properties. Over the last 5 years, Houses in Peak Hill have seen a 55.72% increase in median value, while Units have seen a -71.97% decrease. As at 31 July 2024:
- The median value for Houses in Peak Hill is $175,571 while the median value for Units is $276,156.
- Houses have a median rent of $300.
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