OFF MARKET

1/55 Riverleigh Avenue
Gerroa NSW 2534

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Land area: 758m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 Nov 2024
Low

High
Save

Property Details for 1/55 Riverleigh Ave, Gerroa

1/55 Riverleigh Ave, Gerroa is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1980. The property has a land size of 758m2. While the property is not currently for sale or for rent, it was last sold in February 2014.

Building Type
Unit
Year Built
1980
Land Size
758m2
Local Government
Kiama
Lot/Plan
1/SP86798

Last Listing description (February 2014)

Come one, come all, great investment or live in property perfectly positioned with sweeping views over Seven Mile Beach!

Purchase now and take advantage of the safe rent return and when the time comes, move in and enjoy your own escape from the hustle and bustle.

- Open plan and elevated living area's

- Consistent rental return in a high growth area
- Entry level investment
- Low maintenance
- Recently renovated
- Safe & Adequate off street parking
- Short walk to beach and local Cafe

Property History for 1/55 Riverleigh Ave, Gerroa, NSW 2534

A timeline of how this property has performed in the market
Last Sold
$468,000
21 Feb 2014
  • 21 Feb 2014
    Sold for $468,000
  • 12 Mar 2013
    Listed for Sale UNIT 1 $510,000 UNIT 2 $480,000

Commute Calculator

About Gerroa 2534

The size of Gerroa is approximately 9.3 square kilometres. It has 9 parks covering nearly 18.6% of total area. The population of Gerroa in 2011 was 758 people. By 2016 the population was 672 showing a population decline of 11.3% in the area during that time. The predominant age group in Gerroa is 70-79 years. Households in Gerroa are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Gerroa work in a professional occupation. In 2011, 73.2% of the homes in Gerroa were owner-occupied compared with 70.4% in 2016.

Gerroa has 784 properties. Over the last 5 years, Houses in Gerroa have seen a 97.02% increase in median value, while Units have seen a 133.90% increase. As at 31 October 2024:

  • The median value for Houses in Gerroa is $2,052,250 while the median value for Units is $1,386,709.
  • Houses have a median rent of $700 while Units have a median rent of $480.
There are currently 8 properties listed for sale, and 1 property listed for rent in Gerroa on OnTheHouse. According to CoreLogic's data, 26 properties were sold in the past 12 months in Gerroa.

Suburb Insights for Gerroa 2534

Market Insights
Gerroa Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Gerroa Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.