SOLD
Sold on 13 Jun 2024 for $700,000

2/120 Riverside Drive
Kiama Downs NSW 2533

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 68m2
Land area: 716m2
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Property Details for 2/120 Riverside Dr, Kiama Downs

2/120 Riverside Dr, Kiama Downs is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1990. The property has a land size of 716m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom Unit sold in Kiama Downs in the last 12 months.

Building Type
Unit
Year Built
1990
Floor Size
68m2
Land Size
716m2
Local Government
Kiama
Lot/Plan
2/SP31732

Last Listing description (July 2024)

Situated in an exclusive complex of only three, this comfortable and tastefully renovated top floor apartment is light and bright and ready for one lucky purchaser to move straight in with all the hard work already complete!

Offering an attractive "entry level" price point, this rare opportunity offers the perfect springboard for first home buyers to break into the exclusive Kiama market.

Downsizers will appreciate the ease of single-level living and minimal upkeep, while investors and holidaymakers will be drawn to the captivating ocean views and strong Airbnb potential. It's prime location, mere minutes from stunning beaches, Boneyard Bay, Cathedral Rocks, scenic coastal trails, and verdant parks and easy access into Kiama Township ensures this property won't stay on the market long. Be quick!

Highlighting
- Oversized master bedroom, two additional multi-purpose rooms
- Modern chef's kitchen with quality appliances, adjoining meals/ breakfast bench
- Cypress pine timber floors, plantation shutters throughout
- Comfortable sun filled lounge with adjoining study nook.
- Picturesque north-east balcony with inviting views out to Jones Beach and ocean blue
- Spacious modern bathroom, single lockup garage
- Boutique complex of only three, all owner occupied

Property History for 2/120 Riverside Dr, Kiama Downs, NSW 2533

A timeline of how this property has performed in the market
Last Sold
$700,000
13 Jun 2024
  • 13 Jun 2024
    Sold for $700,000
  • 29 May 2024
    Listed for Sale Not Disclosed
  • 29 Nov 2023
    Sold for $250,000
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About Kiama Downs 2533

The size of Kiama Downs is approximately 3.9 square kilometres. It has 9 parks covering nearly 19.5% of total area. The population of Kiama Downs in 2011 was 4,848 people. By 2016 the population was 5,016 showing a population growth of 3.5% in the area during that time. The predominant age group in Kiama Downs is 50-59 years. Households in Kiama Downs are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kiama Downs work in a professional occupation. In 2011, 82.6% of the homes in Kiama Downs were owner-occupied compared with 83.8% in 2016.

Kiama Downs has 2,080 properties. Over the last 5 years, Houses in Kiama Downs have seen a 70.80% increase in median value, while Units have seen a 44.77% increase. As at 31 July 2024:

  • The median value for Houses in Kiama Downs is $1,292,202 while the median value for Units is $680,959.
  • Houses have a median rent of $700 while Units have a median rent of $370.
There are currently 10 properties listed for sale, and 6 properties listed for rent in Kiama downs on OnTheHouse. According to CoreLogic's data, 53 properties were sold in the past 12 months in Kiama downs.

Suburb Insights for Kiama Downs 2533

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Daniel Dajcic
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Stacey Da Gama
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Harcourts 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.