1 Gwendolen Avenue, Umina Beach NSW 2257

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1 Gwendolen Avenue, Umina Beach NSW 2257

$1,250,000 - $1,350,000

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$1.25M - $1.31M Transparent Transparent Listing Based on an openly advertised listing price.

House 5 Beds 2 Baths 1 Car 696 m²

Listed: 2 days ago

Updated: 5 hours ago

Overview

This property offers a unique investment and lifestyle opportunity through its dual residence setup, combining a low-maintenance brick and tile family home with a separate two-bedroom granny flat, ensuring diverse uses and income potential with an attractive annual rental yield of $64,480.

Situated on a generous and level 696 square metre parcel of land featuring a 15.24 metre frontage, the site benefits from R1 General Residential zoning, providing flexibility for future redevelopment possibilities subject to council approval. The configuration appeals both to investors seeking immediate rental income and homeowners considering future capital growth or redeveloping possibilities.

The location enhances the property's appeal, being conveniently close to local beaches, shopping hubs, schools, and the Woy Woy Railway station. This ease of access to essential amenities and transport makes it suitable for families, downsizers seeking manageable properties with flexible arrangements, or investors looking to capitalize on strong rental demand.

The integration of a family home and a self-contained granny flat behind a separate entry not only maximizes site usage but also offers privacy for multi-generational living or tenant arrangements. The brick and tile construction emphasizes durability and low upkeep, aligning well with buyers prioritizing straightforward maintenance.

Local Market Insights

In Umina Beach, Quiet Listings observed 38 new houses entering the market over the last 30 days, up from 22 during the previous 30-day period, with an average advertised asking price of $1,811,578. The property type mix of listed properties is predominantly Houses at 66%, followed by villas (20%), and apartments (7%). The most active agency for houses in the Umina Beach area is currently Ray White, representing 26% of new listings, followed by Raine & Horne with 24%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.