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Sold on 20 Mar 2024 - Price Unavailable

50 Mittagong Street
Welby NSW 2575

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 198m2
Land area: 1013m2
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Property Details for 50 Mittagong St, Welby

50 Mittagong St, Welby is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 1013m2 and floor size of 198m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom House sold in Welby in the last 12 months.

Building Type
House
Floor Size
198m2
Land Size
1013m2
Local Government
Wingecarribee
Lot/Plan
2/DP261714

Last Listing description (March 2024)

A comfortable family home has just become available to owner occupy or purchase as an investment in Welby. Occupying two levels, the property enjoys views across Mittagong and a rear deck perfect for entertaining while keeping an eye on the kids playing in the large backyard below.

The U-shaped driveway is handy for quick entry and exit without a crowding of vehicles, with the added benefit of internal access from the double garage into the ground level of the house. Inside is a large rumpus room, with slow-combustion fireplace, laundry, separate toilet, large under-stair storage and access to the backyard, complete with kid's play area / sandpit and sprawling, yet manageable lawns.

Upstairs the large family room opens into the kitchen and dining space, with front and rear decks from which to entertain and enjoy peaceful views. The Master bedroom includes an ensuite and its own private deck.

Modern amenities including ducted heating and cooling, kitchen appliances and ample storage ensure a smoothly-run household prevails, or provides the perfect lock-up-and-leave property.

Separate, rear lane access via Mittagong Lane presents an opportunity to capitalise on the larger block by building a potential secondary dwelling (STCA), perfect for multigenerational living or to generate passive income via Airbnb.

Located close to Welby Garden Centre and Approx. 5 mins' drive to Mittagong town centre with cafes, schools, parks and Lake Alexandra.

Features:
• Land size: 1,013sqm
• Floor plan size: 198sqm
• Aspect: North-facing backyard
• Front and rear decks
• Sandpit / play equipment area for kids
• 3 beds, 2 bath, 2 car (garage with internal access)

Property History for 50 Mittagong St, Welby, NSW 2575

A timeline of how this property has performed in the market
Last Sold
20 Mar 2024
Listed for Rent
$680/w
08 Mar 2023
  • 20 Mar 2024
    Sold for $870,000
  • 09 Feb 2024
    Listed for Sale Guide $895,000
  • 07 Feb 2023
    Listed for Rent $680 / week
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About Welby 2575

The size of Welby is approximately 1.9 square kilometres. It has 3 parks covering nearly 28.9% of total area. The population of Welby in 2011 was 735 people. By 2016 the population was 727 showing a population decline of 1.1% in the area during that time. The predominant age group in Welby is 0-9 years. Households in Welby are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Welby work in a trades occupation. In 2011, 62.7% of the homes in Welby were owner-occupied compared with 64.6% in 2016.

Welby has 348 properties. Over the last 5 years, Houses in Welby have seen a 44.11% increase in median value, while Units have seen a 34.53% increase. As at 30 September 2024:

  • The median value for Houses in Welby is $850,724 while the median value for Units is $926,575.
  • Houses have a median rent of $555.
There are currently 5 properties listed for sale, and 1 property listed for rent in Welby on OnTheHouse. According to CoreLogic's data, 14 properties were sold in the past 12 months in Welby.

Suburb Insights for Welby 2575

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Gene Fairbanks
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Kathryn Pogson-Pike
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Ray White Bowral
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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.