128 Murrah St, Bermagui is a 3 bedroom, 2 bathroom House with 3 parking spaces. The property has a land size of 1669m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 3 bedroom House sold in Bermagui in the last 12 months.
Set on a huge 1669 m2 block with an elevated and desirable aspect, this property offers its new owner a great land bank with various living options. The size of the land and its location in town mean it is a potential development or subdivision (minimum lot size is 550 sqm) opportunities (STCA). Features of the home itself include:
- 3 good sized bedrooms (2 with BIR).
- Solid timber floors throughout.
The house itself has been rented on a permanent basis for the past few years and could continue to be if the new owner desired. With plenty of scope for improvement the fundamentals are there to renovate, extend or demolish and develop.
An opportunity to secure a great property with plenty of upside, located in popular Murrah St west within walking distance of town, harbour, beaches, river, and golf course.
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 1,625 properties. Over the last 5 years, Houses in Bermagui have seen a 96.97% increase in median value, while Units have seen a 40.68% increase. As at 31 August 2024:
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