OFF MARKET

5 King George Street
Erowal Bay NSW 2540

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 107m2
Land area: 1012m2
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Property Details for 5 King George St, Erowal Bay

5 King George St, Erowal Bay is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 1012m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in May 2022.

Building Type
House
Year Built
1960
Floor Size
107m2
Land Size
1012m2
Local Government
Shoalhaven
Lot/Plan
8/6/DP7984

Last Listing description (May 2022)

Presented by Rhys Bennett and Kevin Johnston of One Agency Elite Property Group Shoalhaven. Located moments away from the shoreline in the quiet town of Erowal Bay, this home comes with all of the joys of waterside living. Sitting on a huge block in a scenic coastal town close to it all, the home has potential galore. Featuring a neat and tidy cottage with 2 bedrooms and an open plan kitchen/living area that has received a host of updates in recent times with the kitchen being extended and upgraded for a more modern feel. Out the back you will find a tonne of storage with the freestanding garage as well as an external laundry meaning this space could easily be converted to a granny flat or studio (STCA). Side access to a tonne of open lawn area means there is plenty of space for secure parking or even to keep your boat in when you aren't out enjoying the basin.

This quaint home is perfect for anyone looking to enjoy the laid back lifestyle that Jervis Bay has on offer or even for those looking to add value to the existing home, build a brand new home, potentially subdivide (STCA) or even build a duplex (STCA). The house is situated on a level, quarter acre block just a short drive over the hill from Hyams Beach, the Vincentia Marketplace and all of the restaurants and cafes that Hukisson has to offer. With so many potential options in the middle of it all, this one will not last long.

- Level quarter acre block with potential galore

- Short walk to the boat ramp
- Quaint home with renovated kitchen
- Great quiet location close to schools, shops and beaches
- Freestanding double car garage with carport
- Side access

Property History for 5 King George St, Erowal Bay, NSW 2540

A timeline of how this property has performed in the market
Last Sold
$780,000
25 May 2022
  • 25 May 2022
    Sold for $780,000
  • 11 May 2022
    Listed for Sale Offers Invited
  • 17 Apr 2014
    Sold for $230,000

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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 513 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 13 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.