29 Mcgowen StreetOld Erowal Bay NSW 2540
Property Details for 29 Mcgowen St, Old Erowal Bay
29 Mcgowen St, Old Erowal Bay is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 820m2 and floor size of 93m2. While the property is not currently for sale or for rent, it was last sold in June 2023.
Last Listing description (June 2023)
This stylistic renovated cottage in the heart of Old Erowal Bay will definitely tug at the heart strings. Situated on a fantastic 816m2 block with with side access and only a short walk to the waters edge. Featuring timber floors throughout, loads of natural light and character period charm. Boasting open plan living/dining, large main bedroom with built-in robe, beautiful renovated bathroom with floating vanity, galley style kitchen and stunning full length balcony upon entry. Perfect for the owner occupier or savvy investor, currently used as a B&B and pocketing the current owners approx $20,000 over the past six months. It's just the full package with period character features, including 9 foot ceilings, ornate cornicing, covered outdoor alfresco dining, manicured garden and even it's own outdoor shower!
Situated only a short drive to Hyams Beach, around five minutes to the Vincentia shopping district, Jervis Bay beaches and national parks. Come on and relax in this serene home in a highly sought after location.
Features;
- 816m2 block approx
- 1950's period cottage features
- Fully renovated
- Split system A/C
- Separate toilet
- Great rental potential
- Carport and shed
- Established street with long term neighbours
Property History for 29 Mcgowen St, Old Erowal Bay, NSW 2540
- 02 Jun 2023Sold for $701,000
- 31 Mar 2023Listed for Sale $700,000 - $750,000
- 07 Jul 2017Sold for $347,500
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0About Old Erowal Bay 2540
The size of Old Erowal Bay is approximately 0.8 square kilometres. There are 2 parks, covering nearly 2.9% of the total area. The population of Old Erowal Bay in 2016 was 1038 people. By 2021 the population was 1080 showing a population growth of 4.0% in the area during that time. The predominant age group in Old Erowal Bay is 10-19 years. Households in Old Erowal Bay are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Old Erowal Bay work in a trades occupation.In 2021, 69.90% of the homes in Old Erowal Bay were owner-occupied compared with 68.50% in 2016.
Old Erowal Bay has 547 properties. Over the last 5 years, Houses in Old Erowal Bay have seen a 28.28% increase in median value, while Units have seen a 13.94% increase. As at 30 April 2026:
- The median value for Houses in Old Erowal Bay is $1,185,460 while the median value for Units is $789,721.
- Houses have a median rent of $570 while Units have a median rent of $480.
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