SOLD
RECENT ADVICE
Sold on 31 Oct 2024 for $810,000

35 Hill Street
Picton NSW 2571

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 114m2
Land area: 812m2
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Property Details for 35 Hill St, Picton

35 Hill St, Picton is a 3 bedroom, 2 bathroom House and was built in 1985. The property has a land size of 812m2 and floor size of 114m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 3 bedroom House sold in Picton in the last 12 months.

Building Type
House
Year Built
1985
Floor Size
114m2
Land Size
812m2
Local Government
Wollondilly
Lot/Plan
C/DP164217

Last Listing description (December 2024)

Welcome to 35 Hill St, Picton ? a rare opportunity to secure an already established dual-income property with the potential to increase your returns further. Situated on a generous 812m? block, this home is split into two tenanted dwellings:

1-bedroom, 1-bathroom unit currently rented for $330 per week
2-bedroom, 1-bathroom unit currently rented for $350 per week

With a combined rental income of $680 per week, this property offers a solid return from day one. But that's not all ? with some small renovations, there's potential to increase the rental yield. And for those looking to take it even further, you can unlock triple-income potential by adding a granny flat to the block (subject to council approval).

Why Picton?
Nestled in the picturesque Wollondilly Shire, Picton is a charming town offering both tranquillity and convenience. Just an hour from Sydney, Picton combines a relaxed rural atmosphere with all the essentials: boutique shops, caf?s, schools, parks, and more. With its growing popularity and appeal to families, professionals, and retirees, Picton is a smart choice for investors seeking long-term value.

Don't miss this incredible opportunity to secure a dual-income property with room for a third income stream. Whether you're a seasoned investor or just starting your property portfolio, 35 Hill St, Picton, offers great returns with room to grow!

Disclaimer: Whilst every effort is taken to ensure accuracy of this listing, we accept no responsibility for errors or omissions. We encourage you to seek your own independent legal and / or financial advice prior to making any commitment or decision.

Property History for 35 Hill St, Picton, NSW 2571

A timeline of how this property has performed in the market
Last Sold
$810,000
31 Oct 2024
  • 31 Oct 2024
    Sold for $810,000
  • 24 Sep 2024
    Listed for Sale $849,500
  • 13 Dec 2018
    Listed for Rent $285 / week
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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 33 properties listed for sale, and 10 properties listed for rent in Picton on OnTheHouse. According to CoreLogic's data, 133 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.