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119 Old Hume Highway, Mittagong NSW 2575

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$1.5M - $1.6M Medium Confidence Calculated based on our search observations.

House 6 Beds 4 Baths 2 Cars 1763 m²

Listed: 20 days ago

Overview

Situated just a short walk from the heart of Mittagong, this expansive property offers a unique blend of generous living space and significant development potential. Set on a substantial 1763 square metre corner block, the grounds are adorned with lush lawns and established trees creating a serene garden environment that encourages outdoor living and activities.

The residence itself provides a straightforward, comfortable lifestyle with ample room for a large family or for those seeking substantial storage and parking, featuring six bedrooms, four bathrooms, and two garage spaces. The property's R2 zoning further enhances its appeal by offering future development possibilities subject to council approval, making it a prime opportunity for investors or developers looking to capitalize on its strategic location.

Residents benefit from close proximity to diverse amenities including local shops, cafes, transport, and a variety of educational institutions ranging from public to private schools, ensuring convenience for everyday living. This combination of large land size, flexible zoning, and a prime position in a vibrant township makes this property a versatile asset suited to a variety of buyers with different intentions.

Overall, the property offers a sought-after balance between lifestyle, space, and investment potential, making it a rare find in the Southern Highlands region.

Local Market Insights

In Mittagong, Quiet Listings observed 25 new houses entering the market over the last 30 days, up from 16 during the previous 30-day period, with an average advertised asking price of $1,574,661. The property type mix of listed properties is predominantly Houses at 81%, followed by land (13%), and commercial properties (6%). The most active agency for houses in the Mittagong area is currently Ray White, representing 48% of new listings, followed by The Agency with 12%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.