222 Gertrude St, North Gosford is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1975. The property has a land size of 710m2 and floor size of 173m2. While the property is not currently for sale or for rent, it was last sold in July 2009.
Ideally positioned in one of the area's most convenient locations, with great access to Gosford CBD, train station, hospitals and schools, this approx 710sqm block with existing family home presents a timely opportunity to capitalise on the Gosford area's ongoing growth. Subject to your own investigations and relevant approvals, the zoning may permit further redevelopment, with the existing dwelling offering excellent immediate returns in the interim. Astute investors and developers will recognise the potential on offer in an area with a rapidly growing population and high appetite for affordable new dwellings. Those looking for a passive investment will love the possible dual incomes on offer, with downstairs having potential to be self contained STCA. Even those looking to owner occupy will be able to enjoy the spacious block and ultra convenient location, resting easy in the knowledge that the properties potential will hold them in good stead financially in the years to come.
The size of North Gosford is approximately 1.9 square kilometres. It has 8 parks covering nearly 31.1% of total area. The population of North Gosford in 2011 was 3,500 people. By 2016 the population was 3,696 showing a population growth of 5.6% in the area during that time. The predominant age group in North Gosford is 50-59 years. Households in North Gosford are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in North Gosford work in a professional occupation. In 2011, 54.5% of the homes in North Gosford were owner-occupied compared with 51% in 2016.
North Gosford has 2,274 properties. Over the last 5 years, Houses in North Gosford have seen a 55.19% increase in median value, while Units have seen a 38.38% increase. As at 30 September 2024:
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