3/162 Avoca DriveAvoca Beach NSW 2251
Property Details for 3/162 Avoca Dr, Avoca Beach
Last Listing description (July 2017)
7 year lease to 2024 plus options to 2035.
Strong trading tenant in occupation for 17 years.
Substantial LJ Hooker franchise, dominant market position.
Easily managed single tenant investment.
Tenant pays all outgoings incl. land tax and management (as per lease).
Minimum 3% annual rent increases(minimum net income $85,971 in 2023).
Net Income: $72,000 pa + GST
Property History for 3/162 Avoca Dr, Avoca Beach, NSW 2251
- 07 Jun 2017Sold for $1,250,000
- 18 Apr 2017Listed for Sale Contact Agent
- 08 Oct 2010Sold for $550,000
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About Avoca Beach 2251
The size of Avoca Beach is approximately 4.3 square kilometres. It has 16 parks covering nearly 10.6% of total area. The population of Avoca Beach in 2016 was 4584 people. By 2021 the population was 4708 showing a population growth of 2.7% in the area during that time. The predominant age group in Avoca Beach is 10-19 years. Households in Avoca Beach are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Avoca Beach work in a professional occupation.In 2021, 82.00% of the homes in Avoca Beach were owner-occupied compared with 79.30% in 2016.
Avoca Beach has 2,639 properties. Over the last 5 years, Houses in Avoca Beach have seen a 43.61% increase in median value, while Units have seen a 71.78% increase. As at 31 December 2025:
- The median value for Houses in Avoca Beach is $1,757,683 while the median value for Units is $1,554,910.
- Houses have a median rent of $870 while Units have a median rent of $700.
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