35 Belinda StreetGerringong NSW 2534
Property Details for 35 Belinda St, Gerringong
Last Listing description (February 2024)
An excellent opportunity to secure a medium density development site in the picturesque township of Gerringong. This property presents a lucrative opportunity for developers, featuring approved plans for 8 single level villas situated strategically near the primary school, the train station and just a few blocks back from the main street.
Boasting a 30m frontage and overall land size of 2,028sq/m, this property falls under the R3 Medium Density Residential zoning. A key attraction lies in the existing Development Application (DA) approval for 8 modern dwellings with individual private outdoor spaces.
Conveniently located within walking distance of essential amenities like shops, supermarket and cafes (700m), primary school and public transport (350m), this development promises to contribute significantly to the evolution of the vibrant Gerringong community.
Property History for 35 Belinda St, Gerringong, NSW 2534
- 21 Feb 2024Sold for $2,700,000
- 18 Jan 2024Listed for Sale $2,700,000 // Jason Stalgis
- 27 Oct 2014Sold for $980,000
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About Gerringong 2534
The size of Gerringong is approximately 10.9 square kilometres. It has 20 parks covering nearly 4% of total area. The population of Gerringong in 2011 was 3,456 people. By 2016 the population was 3,969 showing a population growth of 14.8% in the area during that time. The predominant age group in Gerringong is 50-59 years. Households in Gerringong are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Gerringong work in a professional occupation. In 2011, 73.2% of the homes in Gerringong were owner-occupied compared with 74.8% in 2016.
Gerringong has 2,496 properties. Over the last 5 years, Houses in Gerringong have seen a 74.93% increase in median value, while Units have seen a 34.57% increase. As at 31 July 2024:
- The median value for Houses in Gerringong is $1,575,332 while the median value for Units is $840,594.
- Houses have a median rent of $700 while Units have a median rent of $620.
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