16 Stafford St, Gerroa is a 3 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 1743m2.
Enviable Seaside Living ...
Situated in the quiet seaside village of Gerroa is this unique five unit complex. Boasting awe-inspiring views of Crooked River and overlooking the pure white sands of well known Seven Mile Beach, this dwelling offers the potential purchaser an endless list of choices. Five separate strata titles covering a 1,743 square metre piece of prime real estate provides you with the opportunity to operate or sell five individual units, conglomerate the entire area into your dream beach retreat, or perhaps just join two or three units into one for your family holiday home while leaving the remaining units operate as holiday accommodation providing you with further income. Exceptional coastal views just a short walk to the water???s edge with massive money making potential ??? definitely worthy of an inspection.
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:
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