OFF MARKET

2/55 Riverleigh Avenue
Gerroa NSW 2534

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Land area: 758m2
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Property Details for 2/55 Riverleigh Ave, Gerroa

2/55 Riverleigh Ave, Gerroa is a 2 bedroom, 2 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 October 2013.

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

Last Listing description (February 2014)

Enjoy a safe rent return
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 2/55 Riverleigh Ave, Gerroa, NSW 2534

A timeline of how this property has performed in the market
Last Sold
$492,500
10 Oct 2013
  • 02 Jan 2014
    Listed for Sale $480,000
  • 19 Oct 2013
    Listed for Sale $480,000
  • 10 Oct 2013
    Sold for $492,500
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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 7 properties listed for sale, and 1 property listed for rent in Gerroa on OnTheHouse. According to CoreLogic's data, 25 properties were sold in the past 12 months in Gerroa.

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