Unit 1, 7 GWINGANNA AVENUE Kiama NSW 2533
This property is Off Market
- Last sold 10/15/2024 for $3,700,000. The Average property price in this area is $1,570,943, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 0.16 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Potential Land Contamination risk
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
- 10/18/2024 12 LOVE ST $1,900,000
- 10/18/2024 2 GIPPS ST $2,050,000
- 10/18/2024 48 GWINGANNA AVE $1,700,000
- 10/15/2024 1 BELVEDERE ST $1,000,000
- 10/11/2024 116 SHOALHAVEN ST $915,000
About Kiama
With an average age of 54, households expect an average monthly mortgage payment of $2,167 or a weekly rent payment of $495. The average family earns a weekly income of $2,181 with a typical household size of 2.5 and a 94.21% employment rate.
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Kiama due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Kiama changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. Lower than average industry presence in Kiama we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Kiama a better buying opportunity than it may have been in the past.
Public Transport
Gerringong
Bomaderry
Bombo
Minnamurra
Kiama
Oak Flats
Dapto
Kembla Grange
Albion Park
Shellharbour Junction
General Points of Interest
Gerringong Ladies Baths
Berry Swimming Pool
Kiama Village
Kiama Bowling and Recreation Club
Memorial Arch
Rugby Oval
Little Blowhole
Ourie Rock Pool
Black Beach Rock Pool
Kiama Blowhole
Population
(Country of Birth not stated 6%)
Are people healthy?
There are a recorded 914 asthma sufferers and 512 people living with diabetes. In addition, 624 people have a heart/vascular condition and 986 people live with three or more chronic diseases.A good place to invest in property?
Kiama a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
New South Wales State average 59 / 100
Income
25 / 100
31 / 100
Industry
10 / 100
22 / 100
Population
11 / 100
19 / 100
House Prices
66 / 100
60 / 100
Jobs
23 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
-
School CatchmentsKiama HS Kiama PS
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Gerringong Public School
Gerringong, NSW, 2534 State K-6 -
Illawarra Environmental Education Centre
Dunmore, NSW, 2529 State -
Ss Peter and Paul Catholic Primary School
Kiama, NSW, 2533 Independent K-6 -
Jamberoo Public School
Jamberoo, NSW, 2533 State K-6 -
Kiama High School
Kiama, NSW, 2533 State 7-12 -
Kiama Public School
Kiama, NSW, 2533 State K-6 -
Minnamurra Public School
Minnamurra, NSW, 2533 State K-6
Property Story
Unit 1, 7 Gwinganna Avenue, Kiama, Nsw, 2533 is a residential property . The estimated distance to the sea is only 0.16km and at least 2.27KM to vegatation considered to be a factor in bushfire risk.Local Developments
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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