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  • 57 Woollybutt Way, MUSWELLBROOK, NSW 2333

57 Woollybutt Way, Muswellbrook, NSW 2333

  • 3 Bed
  • 1 Bath
  • 2garages

Sold

Sold for $350,000 (Sep 15, 2022)

INVESTMENT - Large Block 1,425sqm

Situated on a large 1,425sqm land comprises a older style 3 bedroom fibro home, with one bathroom and a double carport. Currently tenanted with a long term great tenant for $350 per week, the opportunity is there to expand or build more homes subject to councils approval. Muswellbrook is a town in the Upper Hunter Region of NSW, about 243km north of Sydney and 127km north-west of Newcastle. Service area to one of the biggest open cut energy coal mines, located 5km south of the town the mine employs around 2,000 people. With a Population of 16,000 the area is vast growing with businesses and residents. With rentals in high demand to due the mines, there are certain factors that contribute to a property's market growth being transport, hospitals and universities are considered the most important ones. Situated on a battle-axe block , the property has it's own long driveway making the property very private. Inspections by appointment only.

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avatar Tania Micallef
Tania Micallef
Partner | Residential & Stock and Station

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Property Info:
  • Property ID: L18633483
  • Property Type:House
  • Building / Floor Area:90 sqm
  • Carports:2
  • Land Area:1435 sqm
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R&H Suburb Profile: Muswellbrook
R&H Suburb SummaryHouses
Number of sales324
Average Price$516,397
Median Price$495,000
Median Rental Price$500 p.w.
Change in Rental Rate (5yr)43 %
R&H Suburb SummaryUnits
Number of sales55
Average Price$329,479
Median Price$307,500
Median Rental Price$380 p.w.
Change in Rental Rate (5yr)31 %
Median Trend - $495,000
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