Back 3/16 Mount Street
Off Market

3/16 Mount Street

Scone NSW 2337

2
1
1
70 m²
146.2 m²
Unit
Last sold for $290,000
Renee HuntRenee Hunt, last sold this property on 19 December 2023 after 18 days on market.

Overview

Stack Your Investment Portfolio with Impressive Returns

Recently updated throughout, is this tidy 2 bedroom strata-title unit in a neat block of 4 promises enticing returns for investors or a great start for first home buyers or a couple looking to downsize: • Modern updates throughout, including new flooring and fresh paint • Contemporary kitchen opens to lovely living area which is serviced by split system air conditioning • Two well proportioned bedrooms, both with built-in robes • Neat and tidy bathroom • Internal laundry • Covered car parking • Rear courtyard • Currently leased at $340/week to excellent long term tenants • Located in a very quiet street, part a very smart complex of 4 units • Currently earning a very bankable 6.0% (+) return on investment • Excellent proximity to CBD A hardworking investment prospect, or equally appealing low-maintenance living for owner occupiers. Opportunity to buy one unit, or buy all three and stack your investment portfolio with excellent yields!

Features

2 bedrooms
1 bathroom
1 carspace
1 carport space
70 m² floor area
146.2 m² lot size
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Scone over the last 12 months, the estimated median property value of 3/16 Mount Street is $350k.

Median value
$350k
Estimated value range
$295k - $552k
Median days on market
17
Estimated value trend
6%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Scone. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 3/16 Mount Street

2023
Sold
$290,000
19 Dec 2023 by Renee Hunt, of Warburton Estate Agents Scone

Happy sellers in Scone

98%
98% of sellers in Scone reported that their sale price either exceeded or met their price expectations.

Scone stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 9 reviews in Scone over the last 12 months.

Local market activity for 2 bedroom units in Scone

In the last 12 months, 5 two-bedroom units similar to 3/16 Mount Street, have been sold.

This represents a 66% decrease in two-bedroom units sales when compared to the previous 12 months.

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