83 Main Street, Mittagong, NSW 2575 | Property Value & History | OnTheHouse
OFF MARKET

83 Main Street
Mittagong NSW 2575

Bedrooms: 9
Bathrooms: 10
Car spaces: 8
Floor area: 5m2
Land area: 1106m2
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Property Details for 83 Main St, Mittagong

83 Main St, Mittagong is a 9 bedroom, 10 bathroom House with 8 parking spaces and was built in 1891. The property has a land size of 1106m2 and floor size of 5m2. While the property is not currently for sale or for rent, it was last sold in October 2021.

Building Type
House
Year Built
1891
Floor Size
5m2
Land Size
1106m2
Local Government
Wingecarribee
Lot/Plan
238/DP650500

Last Listing description (May 2024)

Welcome to the 'Mittagong Masterpiece' – The Old Bank Boutique Hotel, an exquisite historic landmark meticulously restored and poised as a luxurious haven. Nestled in the heart of Mittagong, within the picturesque Southern Highlands of NSW, this extraordinary property seamlessly blends history, elegance, and modern comfort. Conveniently located halfway between Sydney and Canberra, it's a mere 1.5 hours from Sydney CBD and 45 minutes from Wollongong, with easy access to Citi Rail services.

Property Features:

Bedrooms: 8
Bathrooms: 9
Car Spaces: 9
Block Size: 1094 SQM
Key Highlights:

Meticulously Restored: Originally built in the 1880s, The Old Bank is a meticulously restored Commercial Banking Company of Sydney building, retaining its historic charm.
Central Location: Situated in Mittagong, it provides easy access to a myriad of attractions, including restaurants, cafes, wineries, antique shops, and more.
Versatile Accommodation: Featuring 5 individually themed bedrooms with marble/granite ensuites, a Studio, Cottage, and original Stables for separate self-contained accommodations.
Elegant Interiors: Formal lounge, sitting room, dining/function/restaurant space adorned with original features, polished hardwood floors, and ornate cornices.
Modern Amenities: Fully equipped with modern amenities, including a commercial-grade kitchen, marble open fireplaces, reverse cycle air-conditioning, and gas water heater.
Historical Touch: Original features such as tessellated tiles, hardwood, and 120-year-old slate roofing add to the property's historic charm.
Additional Features:

Award-Winning: Local Business Awards Finalist for outstanding Accommodation, Winner of Wingecarribee Council Heritage Awards - Best Creative Adaptation to a Heritage Place.
Guest Excellence: Guest Review Awards - 9.7 out of 10 by booking.com.
Versatile Usage: Council Approval for subdivision into 3 separate Strata Titles, offering endless possibilities for a boutique hotel, private residence, highlands getaway, or event venue.
Security and Convenience: Back to base security system, keyless entry, remote locking/unlocking of doors, laundry facilities, and secure off-street parking.
Consider the Possibilities:

Award-winning Boutique Hotel
Private Residence or Work-From-Home Space
Multi-generational Family Highlands Getaway
Destination Restaurant or Cafe
Exclusive Club or Corporate Headquarters
Professional Suites and Office Spaces
Gallery or Wedding and Events Hub
Exceptional Value Opportunity:
The Old Bank is offered well below replacement cost, presenting an incredible value opportunity. Book a guided inspection with Agent Peter Smyth at 0419428740 to immerse yourself in the history and beauty of this establishment. Experience The Old Bank's charm firsthand and unlock its potential for your envisioned use. Schedule your inspection today and step into a world where history meets sophistication at The Old Bank Boutique Hotel. Inspections are by appointment on Wednesdays and Thursdays.

Call agent Peter Smyth 0419428740

Property History for 83 Main St, Mittagong, NSW 2575

A timeline of how this property has performed in the market
Last Sold
$3,700,000
31 Oct 2021
  • 06 Feb 2024
    Listed for Sale FIXED DATE SALE. OFFERS BY 30TH APRIL
  • 31 Oct 2021
    Sold for $3,700,000
  • 10 Jun 2021
    Listed for Sale RESERVE 3.5MILLION WIWO ONLINE AUCTION
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About Mittagong 2575

The size of Mittagong is approximately 60.5 square kilometres. It has 12 parks covering nearly 20.4% of total area. The population of Mittagong in 2016 was 5767 people. By 2021 the population was 6090 showing a population growth of 5.6% in the area during that time. The predominant age group in Mittagong is 60-69 years. Households in Mittagong are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mittagong work in a professional occupation.In 2021, 67.80% of the homes in Mittagong were owner-occupied compared with 69.30% in 2016.

Mittagong has 3,737 properties. Over the last 5 years, Houses in Mittagong have seen a 31.73% increase in median value, while Units have seen a 24.12% increase. As at 30 November 2025:

  • The median value for Houses in Mittagong is $1,067,943 while the median value for Units is $739,944.
  • Houses have a median rent of $650 while Units have a median rent of $620.
There are currently 39 properties listed for sale, and 29 properties listed for rent in Mittagong on OnTheHouse. According to Cotality's data, 152 properties were sold in the past 12 months in Mittagong.

Suburb Insights for Mittagong 2575

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.