FOR SALE
Expressions of Interest closing 15 August at 3pm

15-17 Blackwood Street
Gerringong NSW 2534

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 5047m2
Land area: 1ac
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DA Approved South Coast Development Opportunity

Ray White Kiama in conjunction with Knight Frank, as exclusive agents, are delighted to offer For Sale a DA-approved site in Gerringong, one of the most desired residential areas of the NSW South Coast.
Opportunity Highlights:
- Expansive rectangular 3,434 sqm* site area
- DA-approved for 42 apartments, 6 commercial suites and 108 car parking bays
- High-value position with limited competition in the South Coast growth corridor
- Strategic location at the crest of Blackwood Street, neighbouring the convenience of the IGA supermarket and abundance of local amenities
- Within walking distance to the cafés and restaurants of Fern Street
- Zoned E1 Local Centre
The picturesque suburb of Gerringong is one of the Illawarra region's most desirable and evolving townships, with major projects sustaining, supporting and enhancing the area for generations to come.
15-17 Blackwood Street, Gerringong is being offered for Sale by Expressions of Interest closing Thursday, 15 August at 3:00pm.
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Property Details for 15-17 Blackwood St, Gerringong

Building Type
Commercial
Floor Size
5047m2
Land Size
1ac

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About Gerringong 2534

The size of Gerringong is approximately 10.9 square kilometres. It has 20 parks covering nearly 4% of total area. The population of Gerringong in 2011 was 3,456 people. By 2016 the population was 3,969 showing a population growth of 14.8% in the area during that time. The predominant age group in Gerringong is 50-59 years. Households in Gerringong are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Gerringong work in a professional occupation. In 2011, 73.2% of the homes in Gerringong were owner-occupied compared with 74.8% in 2016.

Gerringong has 2,496 properties. Over the last 5 years, Houses in Gerringong have seen a 74.93% increase in median value, while Units have seen a 34.57% increase. As at 31 July 2024:

  • The median value for Houses in Gerringong is $1,575,332 while the median value for Units is $840,594.
  • Houses have a median rent of $700 while Units have a median rent of $620.
There are currently 18 properties listed for sale, and 7 properties listed for rent in Gerringong on OnTheHouse. According to CoreLogic's data, 91 properties were sold in the past 12 months in Gerringong.

Suburb Insights for Gerringong 2534

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Jayden Bennett
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Matthew Lay
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Ray White Kiama
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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.