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Sold on 26 Oct 2024 for $925,000

468 Argyle Street
Picton NSW 2571

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 1532m2
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Property Details for 468 Argyle St, Picton

468 Argyle St, Picton is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 1532m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 4 bedroom House sold in Picton in the last 12 months.

Building Type
House
Land Size
1532m2
Local Government
Wollondilly
Lot/Plan
4/DP574093

Last Listing description (October 2024)

An exceptional investment opportunity awaits at 468 Argyle Street, Picton. Situated on a spacious 1,532m2 site with the convenience of D.A approved plan for a 1 INTO 2 LOT TORRENS TITLE SUBDIVISION, this property presents a rare chance to capitalize on the demanding Picton market.

Centrally located, this property offers easy access to shops, schools, and public transport, ensuring convenience for residents.

With D.A approved plan already in place for a subdivision, most of the hard work for undertaking a development consent has been completed, providing a seamless path for investors, developers, or builders. The existing home on the property offers the flexibility to lease while development plans are underway, adding value to the investment opportunity.

Embrace the rural lifestyle and picturesque views of rolling hillsides that Picton is renowned for. Set in a quiet street and well back from the road, it's an ideal setting for families seeking a peaceful environment.

Interested parties can request full plans for the approved subdivision, providing clarity and insight into the development potential of the property.

Picton is situated just less than an hour drive from Sydney and 40 minutes from Wollongong's beautiful beaches. It is renowned for its semi-rural lifestyle and family friendly atmosphere. With major cities now so accessible, Picton popularity is exploding with smart buyers looking for a lifestyle change.

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.

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Property History for 468 Argyle St, Picton, NSW 2571

A timeline of how this property has performed in the market
Last Sold
$925,000
26 Oct 2024
Listed for Rent
$470/w
16 Jun 2020
  • 26 Oct 2024
    Sold for $925,000
  • 14 May 2024
    Listed for Sale $849,000 - $910,000
  • 07 Oct 2021
    Sold
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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 2,632 properties. Over the last 5 years, Houses in Picton have seen a 77.01% increase in median value, while Units have seen a 19.51% increase. As at 31 October 2024:

  • The median value for Houses in Picton is $1,164,589 while the median value for Units is $550,670.
  • Houses have a median rent of $550 while Units have a median rent of $390.
There are currently 36 properties listed for sale, and 2 properties listed for rent in Picton on OnTheHouse. According to CoreLogic's data, 133 properties were sold in the past 12 months in Picton.

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