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 › O Connell Pl
$1,415,000
Last sold
9 Nov 2023
3
Bedrooms
2
Bathrooms
2
Car spaces
974 m²
Land
158 m²
Building
Districts View
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
$1,415,000
9 Nov 2023 · derived via latest_sale
Local land rate: recorded House sales in Gerringong (last 5 years) with land size have a median of $2,236/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
-8.6%
Median sale
Suburb $1,547,500
+0.22 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 South Coast Prestige PropertiesThis charming three-bedroom, two-bathroom house, situated in a quiet cul-de-sac, offers the perfect combination of comfort and potential. With established gardens, two large living spaces, and a eat-in kitchen, 5 O’Connell Place is sure to appeal.
Stepping inside from the front verandah, you’ll immediately notice how light and airy the house is; two large and adjoining living spaces provide ample room for relaxation and entertainment, the formal living room illuminated by a full wall of windows, the second by dormer windows and skylights, making for a relaxed family or rumpus room.
Situated at the rear of the home is a spacious kitchen, well laid out and with ample counter space and heaps of natural light, modern appliances and plenty of storage space. The kitchen comes complete with eat-in breakfast/dining space, perfect for casual family meals with a view of the garden. The laundry room adjoins, equipped with full-sized appliances and additional storage space, ensuring practicality and functionality for everyday living.
Accessed through sliding glass doors from the kitchen and dining space is a covered deck that overlooks the large and fully fenced backyard. This peaceful spot is an ideal setting for outdoor dining/BBQ entertaining, gardening or simply unwinding with a book while drinking in nature. The garden, with its established plants and trees, creates a green and tranquil haven.
Three generous bedrooms, all with built in wardrobes, as well as a family bathroom, are situated at the end of the house away from the public/living spaces, affording peace and quiet.
A standout feature of this property is the tandem drive-through garage, which provides parking for two vehicles, as well as abundant under house storage/cellaring. This additional space presents endless possibilities for a workshop, hobby room, or even a wine cellar, allowing you to fully utilise the potential of the property. The second bathroom is located directly off the garage, so there’s potential to create additional living or bedroom space out of the existing layout.
Whether you’re looking for a home to move into immediately or a project to renovate, 5 O’Connell Place ticks the boxes - its fantastic original condition provides a solid foundation, while the potential for renovation allows you to easily create a dream home tailored to your specific tastes and needs.
Gerringong provides a relaxed coastal lifestyle with a strong sense of community. Explore the pristine beaches, wander through the local boutiques and cafes, or take a stroll along the beautiful coastal walkways. With its proximity to the beach and the charming town centre, this property offers an ideal balance between tranquility and convenience.
This is a great opportunity to own a three-bedroom, two-bathroom home with established gardens, generous living spaces, a light-filled kitchen, ample storage, and a spacious backyard, a home that is perfect for those seeking a comfortable and convenient lifestyle. Whether you choose to move in right away or embark on a renovation journey, this house holds immense potential.
Property Code: 476
Listing description written by Craig Higbid, South Coast Prestige Properties — reproduced as published, not verified by Districts.