SOLD
Sold on 24 Oct 2023 for $845,000

1/5-7 Koorabel Avenue
Gymea NSW 2227

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 77m2
Land area: 1380000m2
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Property Details for 1/5-7 Koorabel Ave, Gymea

1/5-7 Koorabel Ave, Gymea is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1997. The property has a land size of 1380000m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 2 bedroom Unit sold in Gymea in the last 12 months.

Building Type
Unit
Year Built
1997
Floor Size
77m2
Land Size
1380000m2
Local Government
Sutherland
Lot/Plan
1/SP55044

Last Listing description (June 2022)

Peacefully nestled amongst a leafy outlook of tropical plantings and dappled sunlight in a tightly held boutique development, this ground floor apartment offers an attractive option for market entrants, investors and downsizers alike. Perfectly presented and filled with natural light, the spacious open plan living and dining space opens to a west-facing private balcony and a fully equipped kitchen featuring custom cabinetry, stainless steel appliances and an abundance of storage space. Natural light and leafy outlooks complement the apartment and provide a lovely setting for rest and relaxation. Other features include two generously sized bedrooms with built-in robes, a bright central bathroom featuring floor to ceiling tiles, separate bath, shower and WC, convenient laundry and secure basement car parking.
A low maintenance, lock up and leave lifestyle awaits in a perfect position located within walking distance to the shops, cafes and restaurants of Gymea Village, quality schooling and transport accessibility of Gymea Train Station. Nearby the beautiful waterways, beaches, local parks and recreation spaces await.

Council Rates $348.10 p/q, Water Rates $150.99 p/q, Strata Rates $1,425.79 p/q (appx.)

Property History for 1/5-7 Koorabel Ave, Gymea, NSW 2227

A timeline of how this property has performed in the market
Last Sold
$845,000
24 Oct 2023
  • 24 Oct 2023
    Sold for $845,000
  • 31 Mar 2022
    Sold for $750,000
  • 25 Oct 2021
    Listed for Sale UNDER CONTRACT/OFFER
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About Gymea 2227

The size of Gymea is approximately 2.2 square kilometres. It has 10 parks covering nearly 2.3% of total area. The population of Gymea in 2011 was 7,174 people. By 2016 the population was 7,577 showing a population growth of 5.6% in the area during that time. The predominant age group in Gymea is 40-49 years. Households in Gymea are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Gymea work in a professional occupation. In 2011, 69.5% of the homes in Gymea were owner-occupied compared with 66.7% in 2016.

Gymea has 4,014 properties. Over the last 5 years, Houses in Gymea have seen a 52.56% increase in median value, while Units have seen a 38.79% increase. As at 31 August 2024:

  • The median value for Houses in Gymea is $1,671,691 while the median value for Units is $947,746.
  • Houses have a median rent of $925 while Units have a median rent of $680.
There are currently 11 properties listed for sale, and 4 properties listed for rent in Gymea on OnTheHouse. According to CoreLogic's data, 184 properties were sold in the past 12 months in Gymea.

Suburb Insights for Gymea 2227

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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.