24 Riverleigh AvenueGerroa NSW 2534
Property Details for 24 Riverleigh Ave, Gerroa
24 Riverleigh Ave, Gerroa is a 5 bedroom, 1 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 548m2 and floor size of 200m2. While the property is not currently for sale or for rent, it was last sold in October 2022.
Last Listing description (July 2024)
Located just 80 metres from the water, this 5 bedroom home presents an incredible opportunity to secure an affordable house in highly sought-after Gerroa. Offered to market for the first time in over half a century, this large original 1950's house is a renovator's delight, ready to be transformed into a lucrative holiday rental property or your own family holiday home for weekend escapes.
Perfectly positioned in close proximity to the sparkling sands of Seven Mile Beach, you'll find the award-winning Blue Swimmer cafe across the road, Emery Reserve playground behind, and an easy stroll down to Crooked River and the beach beyond. The gentle surf of Seven Mile Beach and the adjoining estuary are the perfect spot for kids to swim and a great place to learn to surf or paddleboard.
Just 90 minutes from Sydney, Gerroa is surrounded by rolling hills to the north and spectacular Seven Mile Beach to the south. Sample the local wineries, seaside golf course and coastal walks, or just enjoy the peace and quiet. Whether you're looking for a renovation project or a future rebuild, opportunities to purchase this close to the water in Gerroa at an affordable price are extremely rare!
Property History for 24 Riverleigh Ave, Gerroa, NSW 2534
- 26 Oct 2022Sold for $1,700,000
- 21 Sep 2022Listed for Sale Under Contract
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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.
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