SOLD
Sold on 29 Feb 2024 for $1,725,000

1755 Remembrance Driveway
Picton NSW 2571

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 68550m2
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Property Details for 1755 Remembrance Drwy, Picton

Building Type
Land
Land Size
68550m2
Local Government
Wollondilly
Lot/Plan
100/DP1201967

Last Listing description (December 2023)

Presenting a rare opportunity to purchase ‘Vault Hill’, an approx. 16.95-acre parcel of land with breathtaking views. The corner block location is just a short walk from Picton shopping precinct and has amazing rezoning/development potential and multiple possible uses; such as a motel, over 55s accommodation, residential development or your very own mansion overlooking Picton and surrounds (STCA). The multi-use property offers numerous options and huge opportunity – use your imagination and reap the benefits!
Other features:
· Approx. 6.86 ha

· Access to town water
· Access to sewer
· Currently zoned RU2 Rural Landscape
· Main road frontage
· Approx. 420 m from Picton Town Centre
· Council: Wollondilly

* Please note that all webpage enquiries require a contact number AND an email address. Enquiries that do not have this information will not receive a response.

* Photo identification must be presented to the agent by all parties prior to inspections. All care has been taken in providing accurate information in this advertisement. However, prospective purchasers are to rely on their own enquiries.

Property History for 1755 Remembrance Drwy, Picton, NSW 2571

A timeline of how this property has performed in the market
Last Sold
$1,725,000
29 Feb 2024
  • 29 Feb 2024
    Sold for $1,725,000
  • 01 Aug 2023
    Listed for Sale Not Disclosed
  • 04 Oct 2022
    Listed for Sale Offers Above $2,950,000

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About Picton 2571

The size of Picton is approximately 42.6 square kilometres. It has 18 parks covering nearly 2.5% of total area. The population of Picton in 2011 was 4,594 people. By 2016 the population was 4,804 showing a population growth of 4.6% in the area during that time. The predominant age group in Picton is 40-49 years. Households in Picton are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Picton work in a professional occupation. In 2011, 76.7% of the homes in Picton were owner-occupied compared with 77.9% in 2016.

Picton has 2,641 properties. Over the last 5 years, Houses in Picton have seen a 62.78% increase in median value, while Units have seen a 21.14% increase. As at 30 November 2024:

  • The median value for Houses in Picton is $1,111,117 while the median value for Units is $557,065.
  • Houses have a median rent of $560 while Units have a median rent of $400.
There are currently 32 properties listed for sale, and 11 properties listed for rent in Picton on OnTheHouse. According to CoreLogic's data, 126 properties were sold in the past 12 months in Picton.

Suburb Insights for Picton 2571

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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.