57 Woollybutt Way, Muswellbrook, NSW 2333
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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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- Property ID: L18633483
- Property Type:House
- Building / Floor Area:90 sqm
- Carports:2
- Land Area:1435 sqm
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R&H Suburb Summary | Houses |
---|---|
Number of sales | 324 |
Average Price | $516,397 |
Median Price | $495,000 |
Median Rental Price | $500 p.w. |
Change in Rental Rate (5yr) | 43 % |
R&H Suburb Summary | Units |
---|---|
Number of sales | 55 |
Average Price | $329,479 |
Median Price | $307,500 |
Median Rental Price | $380 p.w. |
Change in Rental Rate (5yr) | 31 % |