OFF MARKET

22-26 George Lane
Bermagui NSW 2546

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1898m2
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Property Details for 22-26 George Lane, Bermagui

22-26 George Lane, Bermagui is a 0 bedroom, 0 bathroom House. The property has a land size of 1898m2.

Building Type
House
Land Size
1898m2
Local Government
Bega Valley
Lot/Plan
CP/SP81096

Last Listing description (June 2018)

An opportunity to develop the second and final stage of this 4-residence complex in a quiet and desirable pocket of Bermagui Township. With sunny views to the Pacific Ocean, this property has been designed to take full advantage of its strong location. With an approved DA in place for the construction of two 3-bedroom homes with open plan living areas, 2 bathrooms and a large deck overlooking the ocean there truly is a lot to like about the finished products. With all council headworks (ie. Water and sewer) paid the blocks are ready to be developed as soon as you are.~ Please note that the property must be developed as approved. Plans can be provided to any interested party.

Property History for 22-26 George Lane, Bermagui, NSW 2546

A timeline of how this property has performed in the market
  • 07 Jun 2018
    Listed for Sale $239,000
  • 20 Sep 2017
    Listed for Sale $239,000
  • 27 Apr 2015
    Listed for Sale $220,000

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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 44 properties listed for sale, and 2 properties listed for rent in Bermagui on OnTheHouse. According to CoreLogic's data, 66 properties were sold in the past 12 months in Bermagui.

Suburb Insights for Bermagui 2546

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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.