31 High St, Bombala is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1940. The property has a land size of 1012m2 and floor size of 112m2.This Property is currently listed for sale with One Agency Craig Schofield
Offering much more than a traditional three-bedroom home, this High Street property combines a beautifully refreshed residence with a fully self-contained flat, creating an incredibly versatile opportunity in the heart of Bombala.
The main home has recently been given a fresh update, with new carpet throughout the bedrooms and living areas, floating flooring to the kitchen and fresh interior paint. The result is a home that feels bright, inviting and ready to simply move in and enjoy.
At its centre is an open-plan living area, complemented by a galley-style kitchen with a walk-in pantry. Three well-sized bedrooms provide plenty of accommodation, including the main with a built-in wardrobe, while the combined bathroom and laundry features a spa bath.
The front verandah takes in the historic Bombala Railway and neighbouring parklands, adding a distinctive backdrop to everyday life. To the rear, a patio and BBQ area provides an easy place to entertain, enjoy a meal outside or spend time with family and friends.
But it is what sits separately at the rear of the property that really expands the possibilities here.
The fully self-contained flat is a home in its own right, complete with an open-plan kitchen and living area, spacious bedroom with walk-in wardrobe, private ensuite, its own laundry and front verandah. Its independence from the main residence makes it equally suited to extended family, older children, guests or as a separate rental.
For investors, there is the potential to lease both the main residence and flat independently, creating two income streams from the one property. For an owner-occupier, the flexibility is just as appealing live in the main home and lease the flat, keep it available for family, or enjoy the extra space knowing it can serve a completely different purpose in the future.
Beyond the property itself, Bombala offers the kind of lifestyle where everyday conveniences are close at hand and there is a genuine sense of space beyond town. Surrounded by the Monaro and within reach of the Snowy Mountains and Sapphire Coast, it is a location that allows you to enjoy a slower pace without giving up the practicality of living in town.
The fully fenced block is complete with a carport and rainwater tanks.
Whether you're looking for a home with room for family, the ability to offset your mortgage with additional rental income, or an investment with dual-income potential, this is a property that gives you the freedom to make it work for you.
Rates (approx.): $1571.53 pa
Water Rates (approx.): $1845.54 pa plus consumption (based on FY202526 data)
Potential Rental Return (in the current market):
3 Bedroom House - $380 per week unfurnished
1 Bedroom Flat - $270 per week unfurnished
Disclaimer: While we have made every effort to ensure the information in this document is accurate and up to date, we accept no responsibility and disclaim all liability for any errors, omissions, inaccuracies, or misstatements. Prospective purchasers are advised to conduct their own investigations to verify the information provided.
The size of Bombala is approximately 119.9 square kilometres. There are 2 parks, covering nearly 0.6% of the total area. The population of Bombala in 2016 was 1387 people. By 2021 the population was 1372 showing a population decline of 1.1% in the area during that time. The predominant age group in Bombala is 60-69 years. Households in Bombala are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Bombala work in a machinery operators and drivers occupation.In 2021, 74.90% of the homes in Bombala were owner-occupied compared with 71.70% in 2016.
Bombala has 940 properties. Over the last 5 years, Houses in Bombala have seen a 39.79% increase in median value, while Units have seen a 90.80% increase. As at 30 September 2026:
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