SOLD
Sold on 12 Apr 2024 for $715,000

18/124 Terralong Street
Kiama NSW 2533

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 115m2
Land area: 1187m2
Sold By
Hodder & Borg
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Property Details for 18/124 Terralong St, Kiama

18/124 Terralong St, Kiama is a 2 bedroom, 1 bathroom Unit and was built in 2008. The property has a land size of 1187m2 and floor size of 115m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom Unit sold in Kiama in the last 12 months.

Building Type
Unit
Year Built
2008
Floor Size
115m2
Land Size
1187m2
Local Government
Kiama
Lot/Plan
18/SP80063

Last Listing description (May 2024)

Welcome to your modern oasis in the heart of Kiama. This stunning 2-bedroom, top floor apartment boasts contemporary interiors, offering a stylish and comfortable living space. A modern bathroom ensures convenience, while the secure car space provides peace of mind for residents. Situated on the bustling main street, you'll find yourself surrounded by a vibrant array of restaurants, cafes, and shops, all just a stone's throw away. And with the ocean within easy reach, you can enjoy the coastal lifestyle at its finest.

Zoned for holiday rental, this centrally located apartment offers the perfect base for exploring all that Kiama has to offer. Whether you're seeking relaxation by the beach or indulging in the local culinary scene, this property provides the ultimate convenience and comfort. With its prime location and modern amenities, this modern gem is sure to make your stay in Kiama unforgettable.

Don't miss out on the opportunity to experience the best of coastal living in this chic and conveniently located apartment. Air BnB rental appraisal of $400 per night as a yearly average. The perfect Investment to enjoy with the family, while generating a solid rental return when you are not enjoying it.

Strata Levies: $1,135.17 per quarter
Council Rates: $393.00 per quarter

Property History for 18/124 Terralong St, Kiama, NSW 2533

A timeline of how this property has performed in the market
Last Sold
$715,000
12 Apr 2024
Listed for Rent
$420/w
16 Feb 2017
  • 12 Apr 2024
    Sold for $715,000
  • 15 Mar 2024
    Listed for Sale $715,000
  • 07 Apr 2022
    Sold for $640,000
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About Kiama 2533

The size of Kiama is approximately 10 square kilometres. It has 27 parks covering nearly 7.6% of total area. The population of Kiama in 2011 was 6,272 people. By 2016 the population was 6,900 showing a population growth of 10.0% in the area during that time. The predominant age group in Kiama is 60-69 years. Households in Kiama are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kiama work in a professional occupation. In 2011, 68.5% of the homes in Kiama were owner-occupied compared with 71.2% in 2016.

Kiama has 5,114 properties. Over the last 5 years, Houses in Kiama have seen a 86.46% increase in median value, while Units have seen a 47.94% increase. As at 31 October 2024:

  • The median value for Houses in Kiama is $1,592,668 while the median value for Units is $866,577.
  • Houses have a median rent of $700 while Units have a median rent of $600.
There are currently 72 properties listed for sale, and 33 properties listed for rent in Kiama on OnTheHouse. According to CoreLogic's data, 197 properties were sold in the past 12 months in Kiama.

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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.