SOLD
Sold on 19 Jan 2024 for $3,500,000

3/1 Gaerloch Avenue
Tamarama NSW 2026

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 96m2
Land area: 84m2
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Property Details for 3/1 Gaerloch Ave, Tamarama

3/1 Gaerloch Ave, Tamarama is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1994. The property has a land size of 84m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 3 bedroom Unit sold in Tamarama in the last 12 months.

Building Type
Unit
Year Built
1994
Floor Size
96m2
Land Size
84m2
Local Government
Waverley
Lot/Plan
3/SP47416

Last Listing description (July 2023)

Nestled in a serene location along the Tamarama coastline, rests a breathtaking three bedroom apartment situated on the top floor of a charming four-unit complex. Boasting an open-plan living area that effortlessly flows onto a balcony, relish in the captivating views of the surrounding area.

Indulge in a lavish lifestyle with the addition of a brand new gas kitchen, generously sized bedrooms with built-in wardrobes, two modern bathrooms including one with a large freestanding bath, and a convenient European internal laundry.

Secure parking is also included with one lock-up garage and a separate dedicated car space at your disposal.

Property History for 3/1 Gaerloch Ave, Tamarama, NSW 2026

A timeline of how this property has performed in the market
Last Sold
$3,500,000
19 Jan 2024
Listed for Rent
$1.70k/w
08 Jul 2023
  • 19 Jan 2024
    Sold for $3,500,000
  • 05 Apr 2023
    Listed for Rent - Price not available
  • 04 Dec 2020
    Listed for Rent $1,350 / week
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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.
There are currently 7 properties listed for sale, and 3 properties listed for rent in Tamarama on OnTheHouse. According to CoreLogic's data, 35 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.