SOLD
Sold on 18 Sep 2024 for $500,000

31 Gilbert Cory Street
South West Rocks NSW 2431

Bedrooms: 5
Bathrooms: 3
Car spaces: -
Floor area: 132m2
Land area: 843m2
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Property Details for 31 Gilbert Cory St, South West Rocks

31 Gilbert Cory St, South West Rocks is a 5 bedroom, 3 bathroom House and was built in 1999. The property has a land size of 843m2 and floor size of 132m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 5 bedroom House sold in South West Rocks in the last 12 months.

Building Type
House
Year Built
1999
Floor Size
132m2
Land Size
843m2
Local Government
Kempsey
Lot/Plan
85/DP800739

Last Listing description (July 2024)

Discover this remarkable real estate opportunity featuring two properties on a single title.
Property 1: Your Dream Three Bedroom Home
? A welcoming, spacious three bedroom home laid out for your comfort and convenience

? Two bathrooms for added convenience
? The garage has been transformed into a versatile, cosy sleepout, offering endless possibilities
? Ample space to create the perfect home you've always imagined for a coastal lifestyle

Property 2: A Savvy Investment Opportunity
? A well-maintained charming brick and tile two bedroom home currently tenanted, generating a steady income stream
? Low maintenance and reliable cash flow - a reliable investment option
? Additional shower and toilet in the garage for added convenience
? Thoughtfully designed with built-ins for ample storage

Prime Location Near the Picturesque Macleay River and Stunning Horseshoe Bay
? Convenient access to essential amenities, schools, and shopping
? Immerse yourself in the natural beauty of the surroundings

Lucrative AirBnB Income
? With the increasing demand for vacation rentals in this highly sought-after area, this property offers an incredible opportunity to generate substantial income as an AirBnB host. Your guests will fall in love with the property's proximity to the beach and its charming coastal vibe in an ideal spot to unwind after a day at the beach.

Invest today, reap the benefits tomorrow, and secure your financial future with this outstanding real estate investment. Don't delay ? take action now!

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Property History for 31 Gilbert Cory St, South West Rocks, NSW 2431

A timeline of how this property has performed in the market
Last Sold
$500,000
18 Sep 2024
Listed for Rent
$220/w
27 Mar 2009
  • 18 Sep 2024
    Sold for $500,000
  • 02 Feb 2024
    Sold
  • 21 Sep 2023
    Listed for Sale $950,000 to $999,000
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About South West Rocks 2431

The size of South West Rocks is approximately 13.6 square kilometres. It has 8 parks covering nearly 6.3% of total area. The population of South West Rocks in 2011 was 4,302 people. By 2016 the population was 4,589 showing a population growth of 6.7% in the area during that time. The predominant age group in South West Rocks is 60-69 years. Households in South West Rocks are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in South West Rocks work in a trades occupation. In 2011, 67.5% of the homes in South West Rocks were owner-occupied compared with 70.7% in 2016.

South West Rocks has 4,157 properties. Over the last 5 years, Houses in South West Rocks have seen a 85.40% increase in median value, while Units have seen a 76.38% increase. As at 30 September 2024:

  • The median value for Houses in South West Rocks is $773,127 while the median value for Units is $565,700.
  • Houses have a median rent of $520 while Units have a median rent of $380.
There are currently 83 properties listed for sale, and 8 properties listed for rent in South west rocks on OnTheHouse. According to CoreLogic's data, 160 properties were sold in the past 12 months in South west rocks.

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