Gerringong at a glance
4,164
People
$1,547,500
Median sale
$700/wk
Median rent
2.35%
Suburb gross yield
Median sale from 44 recorded sales (last 12 months) — a Districts calculation.
NSW › Gerringong › Armstrong Ave
$2,200,000
Last sold
25 Aug 2022
4
Bedrooms
3
Bathrooms
1
Car spaces
556 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$2,200,000
25 Aug 2022 · derived via latest_sale
Local land rate: recorded House sales in Gerringong (last 5 years) with land size have a median of $2,188/m² of land (n=100). Districts calculation from recorded sales — not a valuation.
Gerringong at a glance
4,164
People
$1,547,500
Median sale
$700/wk
Median rent
2.35%
Suburb gross yield
Median sale from 44 recorded sales (last 12 months) — a Districts calculation.
Vs Gerringong
+42.2%
Median sale
Suburb $1,547,500
-0.70 pp
Gross yield
Suburb 2.35%
Suburb median $1,547,500 from 44 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
NSWPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Rental
No advertised rent is recorded. Suburb median rent $700/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownNSW Valuer General land values are not loaded for this property yet.
Net yield / holding costs
UnknownNSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Area
Gerringong at a glance
4,164
People
$1,547,500
Median sale
$700/wk
Median rent
2.35%
Suburb gross yield
Median sale from 44 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by First National Real Estate Coast & Country GerringongThis well-positioned family home features a sunny north-easterly aspect with breath taking views over Werri Beach, framed by Gerringong's striking coastal headland and rolling green hills. Centrally located in one of Gerringong's most sought-after streets, close to both the town centre and the beach. Opportunities to buy in this location are increasingly rare.
The upper entry level is comprised of a generous living room and kitchen/dining area, both facing out to the water with a spacious deck attached, as well as three bedrooms with built-in robes, main bathroom and ensuite. Downstairs is a fourth bedroom, bathroom/laundry and second living area, opening onto another covered outdoor entertaining area and low maintenance fully-fenced backyard.
With amazing water views from both levels, this solid brick and time home presents a great foundation to build upon with an opportunity to update the kitchen and bathrooms to your own taste and create the perfect family home or weekender. An established holiday rental, the property can be sold turn-key with all furnishings included and the option to take over existing future bookings.
Located in Gerringong's dress circle, the vibrant town centre is just a short 150m walk, with cafes and boutique shops aplenty. Watch the kids play at the Old School Park or enjoy a delicious lunch and a cocktail or two at The Hill Bar & Kitchen after a morning swim. The south end of Werri Beach - patrolled during the summer, with great surfing year round and an ocean pool nearby - is just a 500m walk via a nearby pathway, along with the surf club, bowling club and skate park.
Secure the lifestyle you've been dreaming of in beautiful Gerringong, just 90 minutes south of Sydney. There is much to enjoy: magnificent headland and rainforest walks, local wineries, a stunning coastal golf course and more, surrounded by green pastures and sparkling ocean. Don't miss out!
Listing description written by Ryan Stalgis, First National Real Estate Coast & Country Gerringong — reproduced as published, not verified by Districts.