OFF MARKET

92 Jerrara Road
Jamberoo NSW 2533

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 493717m2
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Property Details for 92 Jerrara Rd, Jamberoo

Building Type
Land
Land Size
493717m2
Local Government
Kiama

Last Listing description (October 2023)

“Parkmount Farm” is ideally located in one of the premier and most sought after regions on Australia’s eastern coastline, just 90 minutes from the country’s premier city Sydney (population 4.3 million) and 30 minutes from Wollongong (population 250,000) and is less than 5 minutes from the thriving seaside town of Kiama (population 13,000).

This historic acreage has been primarily used as farm land for over 150 years, file documents show initial farm block sizes were 4 hectares(10 acres) and as neighbours expanded over the century and a half, “Parkmount Farm” now consists of a total 48.56 hectares (120 acres) of vacant land.

The property presents as undulating prime pasture land and enjoys a sought after northerly aspect. There are two dwelling entitlements attached to this property which are subject to Council approval.

From the Council approved building envelope the 360 degree views extend from the escarpment in the west, through to and including the rural valley and Pacific ocean.

Currently the farm is used in conjunction with a neighbouring dairy farm and is fully fenced. Water supply comes from springs, substantial dam, town water and the very reliable annual rainfall of over 1,250mm (50 inches).

The local area is famous for its numerous surf beaches and has a mean max temperature of 21.5o centigrade (71o Fahrenheit) and mean minimum temperature of 12.7o centigrade (550 Fahrenheit). The combination of these two features attracts a vast number of tourists and the region is now ranked second only to Sydney for holiday purposes in NSW.

“Parkmount Farm” presents currently as an exceptional agricultural and lifestyle property. Its close proximity to the expanding residential boundaries of Kiama should in the future present other opportunities for possible subdivision and development.

Property History for 92 Jerrara Rd, Jamberoo, NSW 2533

A timeline of how this property has performed in the market
  • 02 Oct 2023
    Listed for Sale Not Disclosed
  • 01 Dec 2017
    Listed for Sale Circa $4,500,000
  • 09 Aug 2016
    Listed for Sale $5,000,000
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About Jamberoo 2533

The size of Jamberoo is approximately 59.1 square kilometres. It has 8 parks covering nearly 4.1% of total area. The population of Jamberoo in 2011 was 1,525 people. By 2016 the population was 1,648 showing a population growth of 8.1% in the area during that time. The predominant age group in Jamberoo is 60-69 years. Households in Jamberoo are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Jamberoo work in a professional occupation. In 2011, 85.2% of the homes in Jamberoo were owner-occupied compared with 84.3% in 2016.

Jamberoo has 946 properties. Over the last 5 years, Houses in Jamberoo have seen a 77.21% increase in median value, while Units have seen a 50.56% increase. As at 31 October 2024:

  • The median value for Houses in Jamberoo is $1,652,617 while the median value for Units is $579,716.
  • Houses have a median rent of $610.
There are currently 9 properties listed for sale, and 1 property listed for rent in Jamberoo on OnTheHouse. According to CoreLogic's data, 28 properties were sold in the past 12 months in Jamberoo.

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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.