OFF MARKET

18 Naval Parade
Erowal Bay NSW 2540

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 110m2
Land area: 563m2
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Last updated 16 Sep 2024
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Property Details for 18 Naval Pde, Erowal Bay

18 Naval Pde, Erowal Bay is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 563m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in April 2022.

Building Type
House
Year Built
1950
Floor Size
110m2
Land Size
563m2
Local Government
Shoalhaven
Lot/Plan
B/DP374767

Last Listing description (April 2022)

To enquire, please email or call 1300 815 051 and enter code 5978

Located in scenic Erowal Bay, this fully renovated 3 bedroom house has an additional self-contained apartment separate from the main house. Perfectly positioned across the street from St Georges Basin and backing onto a large wild life reserve, this house has everything you would wish for in a coastal retreat home. Not only is it the closest house by road to the world famous white sands of Hyams Beach, but only several hundred metres away is the local boat ramp and shops. The magnificent Booderee National Park, famous for its secluded white sand beaches and wildlife is only a 5 minute drive. A short walk across the road is Erowal Bay's best kept secret, a public reserve on the edge of St Georges Basin. In the evening you can relax with a glass of wine and watch the sun go down over St Georges Basin.

The house has been fully renovated, new gyprock walls and ceilings, new flooring, new kitchen, new lights, and new insulation in the walls and ceilings. It comes with a large 1.5 car garage and 2 car carport.
The separate cottage has all the comforts of a self-contained holiday apartment. In the first 12 months on Air BnB the cottage earned $25,450 despite bushfire and covid lockdowns. However don't take our word for how perfectly situated and comfortable the cottage is, just google "AirBnB Wildlife Cottage" to see the reviews of the 60 guests who stayed there.

A potential buyer could easily get $200 a night as the door opens again for international tourists. The earning potential of the 3 bedroom house is even more; rental prices for a 3 bedroom house in the area are in excess of $500 a night. Imagine earning $2100 for 3 night's rental of both properties over the Easter break? Over summer the sky's the limit! Don't think the tourism season is only a summer event, tourists flock to Jervis Bay for whale and dolphin tours and sporting events.

The house is easy to maintain, the lawn and gardens take a half hour to look manicured, and the house and cottage are a breeze to clean.
This package has all the conditions for a potential buyer, a holiday house for the family, a secluded home with an income attached, or a high return money earner, or a combination of all: you choose.

To enquire, please email or call 1300 815 051 and enter code 5978

Property History for 18 Naval Pde, Erowal Bay, NSW 2540

A timeline of how this property has performed in the market
Last Sold
$880,000
20 Apr 2022
Listed for Rent
$300/w
05 Feb 2016
  • 20 Apr 2022
    Sold for $880,000
  • 12 Mar 2022
    Listed for Sale $880,000
  • 17 Nov 2021
    Listed for Sale $920,000
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About Erowal Bay 2540

The size of Erowal Bay is approximately 3.5 square kilometres. It has 2 parks covering nearly 61.6% of total area. The population of Erowal Bay in 2011 was 553 people. By 2016 the population was 623 showing a population growth of 12.7% in the area during that time. The predominant age group in Erowal Bay is 60-69 years. Households in Erowal Bay are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Erowal Bay work in a trades occupation. In 2011, 77.3% of the homes in Erowal Bay were owner-occupied compared with 77.8% in 2016.

Erowal Bay has 512 properties. Over the last 5 years, Houses in Erowal Bay have seen a 64.58% increase in median value. As at 31 August 2024:

  • The median value for Houses in Erowal Bay is $711,511 while the median value for Units is $501,469.
  • Houses have a median rent of $550.
There are currently 12 properties listed for sale, and 1 property listed for rent in Erowal bay on OnTheHouse. According to CoreLogic's data, 5 properties were sold in the past 12 months in Erowal bay.

Suburb Insights for Erowal Bay 2540

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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.