72 North Kiama Dr, Kiama Downs is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1965. The property has a land size of 550m2 and floor size of 254m2. While the property is not currently for sale or for rent, it was last sold in November 2014.
Taking full advantage of the elevated position, this east facing original brick home boasts beautiful ocean views over Jones beach.
Position perfect and just a short walk to the waters edge, this popular beachside Kiama Downs precinct is extremely popular among savvy investors. This property presents a rare opportunity to construct a duplex (STCA) or renovate/extend the existing cottage set on a 556m2 parcel of land with a 15.24m frontage.
A ready-made investment, the property is currently tenanted and returning $400 per week with a perfect tenant who would love to stay if required... Neatly presented, the interior consists of three good sized bedrooms, 2 living areas, study, original bathroom, separate WC and/or a single garage. Note: garage is currently utilised as a 3 bedroom with study however could be utilised as a 2 bedroom, study and full single garage.
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 2,076 properties. Over the last 5 years, Houses in Kiama Downs have seen a 75.23% increase in median value, while Units have seen a 35.42% increase. As at 31 October 2024:
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