Back 6/121 Gippsland Street
Off Market

6/121 Gippsland Street

Jindabyne NSW 2627

3
1
2
Apartment
Tony AnicTony Anic, last sold this property on 01 March 2016 after 314 days on market.

Overview

Motivated Vendor

The property has wonderful views of Lake Jindabyne and the Snowy Mountains. It comprises an open-plan living room, dining area and kitchen opening to a north facing balcony, 3 generous sized bedrooms, one bathroom with separate toilet and an internal laundry. The unit is part of the Sunrise Mountain Village complex which can boast a full sized tennis court, pool and spa for use of owners and guests located a short stroll to Nuggets Crossing which is at the heart of Jindabyne. This unit has an excellent history of leased winter accommodation and has been achieving a gross yield of 6.9% just over the winter period on the asking price. With a modest outlay to improve the overall decor and some newer furnishings the unit would be ideal for the year round short term holiday market which would improve its overall investment return. Great opportunity for a lifestyle investor Inspection by Appointment: Tony Anic 0425 249 449

Features

3 bedrooms
1 bathroom
2 carspaces
Apartment

Estimated Value

Based on this property and similar 3 bedroom apartments sold in Jindabyne over the last 12 months, the estimated median property value of 6/121 Gippsland Street is $805k.

Median value
$805k
Estimated value range
$730k - $1.25m
Median days on market
72
Estimated value trend
23%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Jindabyne. 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 6/121 Gippsland Street

2016
Sold
Undisclosed
01 Mar 2016 by Tony Anic, of McGrath Snowy Mountains
2016
Sold
01 Mar 2016 by Tony Anic

Happy sellers in Jindabyne

69%
69% of sellers in Jindabyne reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 19 reviews in Jindabyne over the last 12 months.

Local market activity for 3 bedroom apartments in Jindabyne

In the last 12 months, 12 three-bedroom apartments similar to 6/121 Gippsland Street, have been sold.

This represents a 57% decrease in three-bedroom apartments sales when compared to the previous 12 months.

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