2 Gareth AvenueNarooma NSW 2546
Property Details for 2 Gareth Ave, Narooma
2 Gareth Ave, Narooma is a 7 bedroom, 3 bathroom House with 4 parking spaces and was built in 2002. The property has a land size of 789m2 and floor size of 254m2. While the property is not currently for sale or for rent, it was last sold in July 2021.
Last Listing description (July 2021)
This solid brick home has offers great returns for the savvy investor, those wanting a beautiful big home with plenty of space for the family and guests, or those wanting a holiday home that provides opportunities to stay while it practically pays for itself.
Or.... why not do both? Make this your holiday home, while earning a rental income when you are not here. It offers a strong holiday rental history with approx 10% gross income in FY20-21 and already high level bookings for FY21-22. Enquire now for more detail.
About the HOUSE...
Currently set up as a holiday rental the house is a fully furnished 5 Bedroom home with a study, 3 bathrooms, 2 car carport parking PLUS 2 car garage.
The main living, 4 bedrooms and 2 bathrooms are on the top floor with the big family room (or large bedroom), laundry, storage and loft located on the middle level with the garage and 5th bedroom with ensuite located on the lower level.
Enjoy beautiful inlet views from the living areas and north facing deck.
The location is perfect, situated in a quieter part of town, just a couple hundred meters down to the water, 1km from the newly renovated Narooma plaza and a 5 minute drive to the beach or the centre of town with cafes, pubs and clubs.
Contact us for the finer detail on this one and to book your inspection.
Property History for 2 Gareth Ave, Narooma, NSW 2546
- 09 Jul 2021Sold for $880,000
- 05 Sep 2020Listed for Sale $920,000
- 29 May 2018Listed for Rent $600 / week
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About Narooma 2546
The size of Narooma is approximately 120 square kilometres. It has 11 parks covering nearly 69.2% of total area. The population of Narooma in 2011 was 2,416 people. By 2016 the population was 2,611 showing a population growth of 8.1% in the area during that time. The predominant age group in Narooma is 60-69 years. Households in Narooma are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Narooma work in a trades occupation. In 2011, 68.6% of the homes in Narooma were owner-occupied compared with 69.1% in 2016.
Narooma has 2,492 properties. Over the last 5 years, Houses in Narooma have seen a 74.19% increase in median value, while Units have seen a 99.19% increase. As at 31 August 2024:
- The median value for Houses in Narooma is $763,791 while the median value for Units is $539,944.
- Houses have a median rent of $520 while Units have a median rent of $420.
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