SOLD
Sold on 08 Jul 2024 for $20,000,000

2/3 Gaerloch Avenue
Tamarama NSW 2026

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Land area: 361m2
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Property Details for 2/3 Gaerloch Ave, Tamarama

2/3 Gaerloch Ave, Tamarama is a 2 bedroom, 2 bathroom Unit. The property has a land size of 361m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Unit sold in Tamarama in the last 12 months.

Building Type
Unit
Land Size
361m2
Local Government
Waverley
Lot/Plan
4/SP84444

Last Listing description (March 2024)

Lifestyle: Located on one of the eastern suburb's premier streets, this top level penthouse style apartment boasts direct water views from both the master bedroom & living spaces. Offering multiple outdoor spaces, double parking and an easy stroll to multiple beaches, this home is ready for immediate occupancy.

Features:
- Master bedroom boasts direct water views and an ensuite

- Abundance of internal cabinetry + storage throughout
- Spacious living dining flowing on to a generous entertainers deck at the rear
- Front & rear outdoor spaces, ideal for entertaining and morning sunrises

NB: Yard shot is still to be provided. Back deck was just replaced

Property History for 2/3 Gaerloch Ave, Tamarama, NSW 2026

A timeline of how this property has performed in the market
Last Sold
$20,000,000
08 Jul 2024
Listed for Rent
$2.20k/w
25 May 2023
  • 08 Jul 2024
    Sold for $20,000,000
  • 29 Jan 2024
    Listed for Rent $2,200 / week
  • 15 May 2023
    Listed for Rent - Price not available
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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 43.74% increase in median value, while Units have seen a 61.99% increase. As at 30 November 2024:

  • The median value for Houses in Tamarama is $5,519,918 while the median value for Units is $1,893,009.
  • Houses have a median rent of $1,665 while Units have a median rent of $1,300.
There are currently 5 properties listed for sale, and no properties listed for rent in Tamarama on OnTheHouse. According to CoreLogic's data, 33 properties were sold in the past 12 months in Tamarama.

Suburb Insights for Tamarama 2026

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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.