2 Gowing Street, Crescent Head, NSW 2440 | Property Value & History | OnTheHouse
OFF MARKET

2 Gowing Street
Crescent Head NSW 2440

Bedrooms: 8
Bathrooms: 3
Car spaces: 1
Floor area: 122m2
Land area: 512m2
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Property Details for 2 Gowing St, Crescent Head

2 Gowing St, Crescent Head is a 8 bedroom, 3 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 512m2 and floor size of 122m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
Unit
Year Built
1970
Floor Size
122m2
Land Size
512m2
Local Government
Kempsey
Lot/Plan
231/DP754441

Last Listing description (October 2023)

This location! Little wonder properties in this street are so tightly held and rarely offered for sale in our "dress circle"!

Imagine owning a seaside retreat that offers the potential for multiple streams of income in an unparalleled seaside location combining the tranquillity of the ocean, the beauty of nature, and excitement of coastal living.

We are talking just a stroll across the road to world class surf, Country Club, Golf Course, shallow waters of Killick Creek, boutique shops, alfresco cafes, trendy eateries, renowned bakery, and so much more!

This prime parcel of real estate incorporates three fully self-contained holiday style units, all on the one title! Now that's rare! Two of the units are currently occupied by long-term tenants, who are keen to stay on should it suit an investor. One of the upstairs units is vacant and set up ready for holiday rental. All three units provide their own entry and balcony, with both upper level balconies capturing ocean glimpses and panoramic hinterland vistas.

FURTHERMORE: Thanks to the generous legacy of former Macleay Valley Businessman, Eric Sussman, funds from the sale will continue to be used by the three local Macleay Rotary Clubs, with earnings distributed for charitable purposes back to the local community. Incredible!

Since its inception in 2009 this wonderful foundation (South West Rocks, Kempsey, and Kempsey West Rotary) have kindly donated to many local charities including lifesaving clubs, youth organisations, education services, and disability and aged care services

An exciting opportunity to secure a highly unique property in an unmatched setting, and at the same time support a worthy local charity.

Bid to buy, this one is a WIN, WIN on every front!

Property Pointers
- Prime real estate short stroll to beach & shops
- Highly sought after and tightly held street
- Ocean and creek views, picturesque hinterland views
- Opportunity for multiple income stream, torrens title
- Funds from sale distributed back into local community
- Iconic site combining 3 x individual apartments
- All apartments are self-contained with own private balconies
- Positioned on all level easy care 518m2 block
- Single garage, large laundry, separate entries, parking
- Bid to buy in honour of the Eric Sussman Foundation

Apartment 1 - 3 bedroom ocean and creek views - currently holiday with loads of potential, approx $15,000 in net income for 22-23 financial year
Apartment 2 - 2 bedroom ground floor - currently rented at $265 per week
Apartment 3 - 3 bedroom ocean and creek views - currently rented at $315 per week

Disclaimer: The information contained in the advertising of this property is based on information provided to the agents, and the vendor and agents expressly disclaim any liability arising therefrom. The accuracy of the information cannot be guaranteed, and prospective purchasers should make their own enquiries and form their own judgement as to these matter

Property History for 2 Gowing St, Crescent Head, NSW 2440

A timeline of how this property has performed in the market
Last Sold
$1,510,000
02 Sep 2023
  • 02 Sep 2023
    Sold for $1,510,000
  • 04 Aug 2023
    Listed for Sale Sold!
  • 24 Sep 1987
    Sold for $100,000
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About Crescent Head 2440

The size of Crescent Head is approximately 182.8 square kilometres. It has 10 parks covering nearly 45.0% of total area. The population of Crescent Head in 2016 was 1531 people. By 2021 the population was 1633 showing a population growth of 6.7% in the area during that time. The predominant age group in Crescent Head is 60-69 years. Households in Crescent Head are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Crescent Head work in a professional occupation.In 2021, 73.90% of the homes in Crescent Head were owner-occupied compared with 66.40% in 2016.

Crescent Head has 1,275 properties. Over the last 5 years, Houses in Crescent Head have seen a 63.37% increase in median value, while Units have seen a 86.63% increase. As at 31 October 2025:

  • The median value for Houses in Crescent Head is $907,850 while the median value for Units is $683,894.
  • Houses have a median rent of $520 while Units have a median rent of $410.
There are currently 15 properties listed for sale, and no properties listed for rent in Crescent head on OnTheHouse. According to Cotality's data, 28 properties were sold in the past 12 months in Crescent head.

Suburb Insights for Crescent Head 2440

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality 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 Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.