72 Greta StreetGerringong NSW 2534
Property Details for 72 Greta St, Gerringong
Last Listing description (December 2023)
Opportunities this good are a rare find! A double sized block right in the heart of Gerringong is waiting for you to build your dream home.
With very few vacant blocks of land in Gerringong, the chance to own this 1470sqm block presents a rare find. Complete with stunning rural and mountain views to capture Gerringong's magnificent sunsets, the land is complimented with an expansive, north facing, edible garden full of established, thriving fruit trees.
A block of land of this size, presents the potential for a duplex or subdivision (STCA) making it ideal for those looking for a development opportunity or multi-generational living.
Located in one of the most sought-after towns on the South Coast, Gerringong is just 1.5 hours' drive to Sydney. You will love living in this family friendly destination with beautiful beaches, rolling green hills, award winning cafes and wineries and an abundance of activities at your fingertips. Perfectly positioned, with an easy walk to Gerringong town centre, Boat Harbour, and Gerringong Public School, this really is a unique opportunity.
Services include a private electricity pole as well as connections to water, sewer and solar for pool heating, ready to start building your new home.
Inspections strictly only by appointment with agent.
Property History for 72 Greta St, Gerringong, NSW 2534
- 01 Dec 2023Sold for $1,140,000
- 21 Jun 2023Listed for Sale $1,250,000
- 15 Apr 2021Sold for $1,730,000
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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 2,479 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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