SOLD
Sold on 13 Feb 2024 for $440,000

78 Macgibbon Parade
Old Erowal Bay NSW 2540

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2207m2
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Property Details for 78 Macgibbon Pde, Old Erowal Bay

Building Type
Land
Land Size
2207m2
Local Government
Shoalhaven
Lot/Plan
7/B/DP12958

Last Listing description (November 2023)

Rare vacant land backing tranquil, tree-lined reserve would be the perfect spot for your new home. The adjoining home that sits on a double lot is also available.

*Opportunity to secure a rare vacant block of land.

*Huge 797m2 vacant block with 15.24mtr frontage.
*Backing tranquil reserve with Worrowing Creek.
*Blank canvas to design and build your dream home.
*Potential to build a luxury duplex or dual occ (stca).

Don't let this one slip through your fingers, vacant land is always highly desirable and getting increasingly harder to find.

All enquiries or to book a private inspection please contact Scott Morton on 0405 227 987, Ashton Haddy-Morton on 0408 162 849 or you can contact our office on 44417 514.

Property History for 78 Macgibbon Pde, Old Erowal Bay, NSW 2540

A timeline of how this property has performed in the market
Last Sold
$440,000
13 Feb 2024
  • 13 Feb 2024
    Sold for $440,000
  • 13 Feb 2024
    Sold for $880,000
  • 22 Nov 2023
    Listed for Sale $460,000 to $500,000
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About Old Erowal Bay 2540

The size of Old Erowal Bay is approximately 0.8 square kilometres. It has 2 parks covering nearly 2.9% of total area. The population of Old Erowal Bay in 2011 was 950 people. By 2016 the population was 1,047 showing a population growth of 10.2% in the area during that time. The predominant age group in Old Erowal Bay is 50-59 years. Households in Old Erowal Bay are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Old Erowal Bay work in a professional occupation. In 2011, 72.2% of the homes in Old Erowal Bay were owner-occupied compared with 68.5% in 2016.

Old Erowal Bay has 544 properties. Over the last 5 years, Houses in Old Erowal Bay have seen a 57.33% increase in median value. As at 31 August 2024:

  • The median value for Houses in Old Erowal Bay is $657,275 while the median value for Units is $725,986.
  • Houses have a median rent of $480.
There are currently 4 properties listed for sale, and 1 property listed for rent in Old erowal bay on OnTheHouse. According to CoreLogic's data, 30 properties were sold in the past 12 months in Old erowal bay.

Suburb Insights for Old Erowal Bay 2540

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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.