72 Manning StreetKiama NSW 2533
Property Details for 72 Manning St, Kiama
Last Listing description (May 2019)
The building is positioned on Crown Land and boasts two levels of amazing ocean views. Never to be built out location. Flooded by tourism at this popular location. 100 meters from the beach sands. Unbeatable location. Rare opportunity to purchase the leasehold for this outstanding property.
Premises:
The building sits on a map of roughly 140- 150 square meters. The building is 2 storeys. Never to be built out location. Flooded by tourism at this popular location.
Based on the figures below it is clear to see why Kiama is such a hot investment location at this point in time. Residential growth is a precursor to great commercial growth which makes this property an OUTSTANDING opportunity.
The median sales price for houses in Kiama, NSW in the last year was $850,000 based on 119 home sales. Compared to the same period five years ago, the median house sales price for houses increased 51.8% which equates to a compound annual growth rate of 8.7%.
Term of Lease to State Government:
The building is built on Crown Land. The current lease expires 28 June 2030 and the annual rent $32,250. The lease is renewable at the end of every 20 year period.
Property History for 72 Manning St, Kiama, NSW 2533
- 18 Apr 2019Sold for $525,000
- 22 Mar 2018Listed for Sale Not Disclosed
- 04 Feb 2013Listed for Sale 970000
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0About Kiama 2533
The size of Kiama is approximately 10.0 square kilometres. There are 27 parks, covering nearly 7.6% of the total area. The population of Kiama in 2016 was 6881 people. By 2021 the population was 7904 showing a population growth of 14.9% in the area during that time. The predominant age group in Kiama is 60-69 years. Households in Kiama are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kiama work in a professional occupation.In 2021, 71.00% of the homes in Kiama were owner-occupied compared with 71.20% in 2016.
Kiama has 5,166 properties. Over the last 5 years, Houses in Kiama have seen a 13.36% increase in median value, while Units have seen a 17.87% increase. As at 31 May 2026:
- The median value for Houses in Kiama is $1,541,804 while the median value for Units is $940,205.
- Houses have a median rent of $800 while Units have a median rent of $655.
Suburb Insights for Kiama 2533
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