5 Spec LaneGerringong NSW 2534
Property Details for 5 Spec Lane, Gerringong
5 Spec Lane, Gerringong is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2010. The property has a land size of 303m2 and floor size of 158m2. While the property is not currently for sale or for rent, it was last sold in April 2022.
Last Listing description (April 2022)
This modern home in the family-friendly Elambra Estate, offers a terrific opportunity for investors, young families or retirees to buy into the sought-after Gerringong property market. Conveniently located across the street from the "pirate park" and only minutes away from the town centre, sporting fields, golf course and beautiful local beaches, makes this a fantastic area to live in.
This affordable 3 bedroom home is the first in the street offered to the market in over a decade. Upstairs hosts 3 large sun-filled bedrooms, with the main bedroom having a walk-in robe, ensuite and its own balcony to enjoy the picturesque escarpment views. The second and third bedrooms both have built-in wardrobes. The spacious main bathroom is also on this level, with a third WC conveniently located downstairs.
The open plan living area, consisting of hardwood timber floors and reverse cycle air conditioning, has a centrally located kitchen boasting a large caesarstone breakfast bar and plenty of storage. The additional space opposite the kitchen offers the perfect opportunity for a dedicated work or study nook.
An ideal place to relax with family and friends is the north-facing covered outdoor entertaining/bbq area which flows seamlessly from the living and dining area. The landscaped, low maintenance backyard is fully fenced and perfect for toddlers and pets.
Some of the other advantages of this property are the spacious double garage with internal access and the comfort of ceiling fans in all bedrooms.
5 Spec Lane is located only 90 minutes south of Sydney, so come and inspect this property today and start enjoying what the Gerringong coastal village lifestyle has to offer.
Property History for 5 Spec Lane, Gerringong, NSW 2534
- 22 Apr 2022Sold for $1,360,000
- 18 Mar 2022Listed for Sale Contact Agent
- 01 Dec 2011Sold for $480,000
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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 2,476 properties. Over the last 5 years, Houses in Gerringong have seen a 68.76% increase in median value, while Units have seen a 67.69% increase. As at 31 October 2024:
- The median value for Houses in Gerringong is $1,570,726 while the median value for Units is $1,023,527.
- Houses have a median rent of $750 while Units have a median rent of $620.
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