3 Wallaga Lake Rd, Bermagui is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1965. The property has a land size of 569m2 and floor size of 104m2. While the property is not currently for sale or for rent, it was last sold in October 2021.
Secure a strong position in Bermagui's future with this primely positioned commercially zoned residence and shops.
1 x 3 bedroom residence, plus 2 x leased shops all set on a 670m2 block. If using the residence for retirement, holidays, or permanent lifestyle then enjoy the extra income derived from the leased shops on the property, or rent out the residence as well.
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 95.82% increase in median value, while Units have seen a 48.76% increase. As at 31 July 2024:
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