1 Gaerloch AvenueTamarama NSW 2026
Property Details for 1 Gaerloch Ave, Tamarama
1 Gaerloch Ave, Tamarama is a 10 bedroom, 9 bathroom Unit with 6 parking spaces. The property has a land size of 404m2.
Last Listing description (November 2023)
The setting is spectacular and the views mind-blowing, making this beachside apartment block a true once-in-a-lifetime opportunity to secure a blue-chip landholding on one of the most coveted positions in Tamarama. Offered in one line, the block of four is one of only a few tightly held properties on Mackenzies Bay, with views that stretch across Tamarama and Bronte Beaches and down the eastern coastline that will never be built out. With a front row setting to one of Sydney's most celebrated views and direct access to the coast walk, this is an incredible opportunity and an invaluable landbank asset in a world-class position. Retain as a premium investment, explore the potential to redevelop luxury, high-end apartments or create your ultra high-end premium home (STCA). Step out to the path to Marks Park and Tamarama Beach or walk along the coast to Bondi and Bronte Beaches.
High Points
- Entire block for sale in one line, 38.91m frontage
- Unique opportunity in one of Sydney's most celebrated settings
- Beach-fresh apartments ideal to rent out during the DA process
- Direct access to the Bondi to Bronte coast walk and surf beaches
- An extraordinary investment offering up a world of possibility
- Renovate, reconfigure, recreate or retain as a beachside asset
In conjunction with N G Farah
Stephanie Farah - 0405 470 398
stephanie@ngfarah.com.au
For all your home loan needs please give the team at Highland Financial Services a call on 02 9523 2699 or visit www.highlandfinancialservices.com.au
Property History for 1 Gaerloch Ave, Tamarama, NSW 2026
- 10 Nov 2023Listed for Sale Auction
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About Tamarama 2026
The size of Tamarama is approximately 0.3 square kilometres. It has 3 parks covering nearly 28.5% of total area. The population of Tamarama in 2011 was 1,450 people. By 2016 the population was 1,598 showing a population growth of 10.2% in the area during that time. The predominant age group in Tamarama is 30-39 years. Households in Tamarama are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Tamarama work in a professional occupation. In 2011, 45.8% of the homes in Tamarama were owner-occupied compared with 50.5% in 2016.
Tamarama has 966 properties. Over the last 5 years, Houses in Tamarama have seen a 66.12% increase in median value, while Units have seen a 46.18% increase. As at 31 August 2024:
- The median value for Houses in Tamarama is $5,877,018 while the median value for Units is $1,855,612.
- Houses have a median rent of $1,750 while Units have a median rent of $1,275.
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