89 Gray St, Kogarah is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 425m2 and floor size of 190m2. While the property is not currently for sale or for rent, it was last sold in May 2023.
Outstanding Big-Family or Investor Opportunity
A unique offering, this quality property is just as desirable for its prime lifestyle address as for its rare size and flexible design. Take advantage of two private entrances and accommodate dual generations in total comfort, or spread out and enjoy the substantial volume of space at your disposal - the choice is yours. The modern granny flat adds an extra dimension of versatility and family appeal, with the further option of earning easy passive income via tenancy let.
* Strong rent return - up to three income streams available
DISCLAIMER: Every precaution has been taken to establish accuracy of the above information but does not constitute any representation by the vendor or agent. Prospective purchasers are urged to rely on their own enquiries.
The size of Kogarah is approximately 2.7 square kilometres. It has 14 parks covering nearly 14.7% of total area. The population of Kogarah in 2011 was 12,763 people. By 2016 the population was 15,090 showing a population growth of 18.2% in the area during that time. The predominant age group in Kogarah is 30-39 years. Households in Kogarah are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kogarah work in a professional occupation. In 2011, 55.7% of the homes in Kogarah were owner-occupied compared with 48.3% in 2016.
Kogarah has 10,390 properties. Over the last 5 years, Houses in Kogarah have seen a 59.92% increase in median value, while Units have seen a 22.77% increase. As at 31 October 2024:
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