FOR SALE
$590,000

1 Ginn Street
Bermagui NSW 2546

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1069m2
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Flush with Options

This exceptional development site is located on the north side of the bridge close to the school and existing commercial sites. Spanning 1,069 square meters of flat mixed-use land with great proximity to the Bermagui River and Moreheads Beach, this is an ideal location for a wide variety of development opportunities.
With zoning conducive to the construction of commercial shops, motel/accommodation and second level residential dwellings amongst many more, there are numerous ways to develop this block to suit your individual needs. A rare opportunity to secure a well-placed, versatile block at an approachable price point.

Property Details for 1 Ginn St, Bermagui

Building Type
Land
Land Size
1069m2

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About Bermagui 2546

The size of Bermagui is approximately 44.4 square kilometres. It has 11 parks covering nearly 54.4% of total area. The population of Bermagui in 2011 was 1,670 people. By 2016 the population was 1,544 showing a population decline of 7.5% in the area during that time. The predominant age group in Bermagui is 60-69 years. Households in Bermagui are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Bermagui work in a trades occupation. In 2011, 69.4% of the homes in Bermagui were owner-occupied compared with 68.8% in 2016.

Bermagui has 1,618 properties. Over the last 5 years, Houses in Bermagui have seen a 83.01% increase in median value, while Units have seen a 50.30% increase. As at 31 October 2024:

  • The median value for Houses in Bermagui is $986,604 while the median value for Units is $571,364.
  • Houses have a median rent of $585 while Units have a median rent of $420.
There are currently 46 properties listed for sale, and 2 properties listed for rent in Bermagui on OnTheHouse. According to CoreLogic's data, 65 properties were sold in the past 12 months in Bermagui.

Suburb Insights for Bermagui 2546

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Mick Butterfield
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Melisa Ashton
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Julie Rutherford Real Estate
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.