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25 Narooma Place,
Gymea Bay NSW 2227

This property is Off Market

All about Gymea Bay Homes for sale in Gymea Bay


  • Last sold 9/13/2024 for $1,680,000. The Average property price in this area is $1,730,992, this is based on recent transactions.
  • Internet speed Download 100 Mbps / Upload 40 Mbps
  • Distance to the coast 1.13 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Potential Land Contamination risk
  • Powerlines within 200m 0
street view icon Street view
School Catchments

Property For Sale Nearby

Recently Sold Properties in this Area

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About Gymea - Grays Point

With an average age of 46, households expect an average monthly mortgage payment of $2,645 or a weekly rent payment of $690. The average family earns a weekly income of $2,777 with a typical household size of 2.8 and a 97.44% employment rate.

Consistent high demand relative to supply is a key feature in Gymea Bay driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Gymea Bay are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The high percentage of professional people in Gymea Bay classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. Medium density in Gymea Bay necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Public Transport

General Points of Interest


Population

(Country of Birth not stated 1%)

Are people healthy?

There are a recorded 1717 asthma sufferers and 692 people living with diabetes. In addition, 880 people have a heart/vascular condition and 1153 people live with three or more chronic diseases.

A good place to invest in property?

Gymea - Grays Point 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

55 / 100

31 / 100

Industry

34 / 100

22 / 100

Population

29 / 100

19 / 100

House Prices

82 / 100

60 / 100

Jobs

45 / 100

29 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • School Catchments
    Gymea Bay PS Kirrawee HS
  • Gymea Bay Public School

    Gymea Bay, NSW, 2227 State K-6

  • Sydney Montessori School

    Gymea, NSW, 2227 Independent K-6

  • Grays Point Public School

    Grays Point, NSW, 2232 State K-6

  • St Catherine Labouré Catholic Primary School

    Gymea, NSW, 2227 Independent K-6

  • Gymea Technology High School

    Gymea, NSW, 2227 State 7-12

  • Kirrawee High School

    Kirrawee, NSW, 2232 State 7-12

  • Kirrawee Public School

    Kirrawee, NSW, 2232 State K-6


Property Story

25 Narooma Place, Gymea Bay, Nsw, 2227 is a residential property with 4 bedrooms, 2 bathrooms and 0 Parking spaces. The estimated value of this home is $1,855,000 while properties of this type typically sell for between $1,510,000 and $2,900,000 in this suburb. The estimated distance to the sea is only 1.13km and 0.11KM 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

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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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