16 Werambie StreetToormina NSW 2452
Property Details for 16 Werambie St, Toormina
16 Werambie St, Toormina is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1985. The property has a land size of 899m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in December 2007.
Last Listing description (September 2026)
An exceptional opportunity for savvy investors - acquire all four units within one well-positioned complex and secure a diversified residential income stream from day one.
Offering four separate 2-bedroom units, this tightly held investment provides the rare combination of multiple rental incomes, low vacancy risk through diversification, north-facing living, private outdoor spaces and car accommodation.
The numbers that matter:
4 x bathrooms with internal laundry & bathtub
4 x carports plus a additional visitors car space
No Strata
Combined rental income: $91,780pa (approx.)
Gross approximate yield 5.3%
FOUR UNITS - FOUR INCOME STREAMS
Unit 1 - Ground Floor
Neat and tidy, north-facing ground-floor unit featuring a private courtyard.
Current rent: $410pw
Unit 2 - Ground Floor
Well-positioned ground-floor unit with a sunroom and private north-facing courtyard.
Current rent: $450pw
Unit 3 - Top Floor
Neat and tidy top-floor residence enjoying a north-facing balcony.
Current rent: $435pw
Unit 4 - Top Floor
Freshly enhanced with a new kitchen and new paint, this top-floor unit also enjoys a north-facing balcony.
Current rent: $470pw
Combined rental income: $91,780pa (approx.)
Land Size: 898m2 (approx.) - Rates: $10,265pa (approx.)
Property History for 16 Werambie St, Toormina, NSW 2452
- 23 Sep 2026Listed for Sale $1,695,000
- 23 Aug 2023Listed for Rent $390 / week
- 12 Apr 2019Listed for Rent $260 / week
Recent sales nearby
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About Toormina 2452
The size of Toormina is approximately 5.4 square kilometres. There are 11 parks, covering nearly 16.1% of the total area. The population of Toormina in 2016 was 6192 people. By 2021 the population was 6171 showing a population decline of 0.3% in the area during that time. The predominant age group in Toormina is 60-69 years. Households in Toormina are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Toormina work in a community and personal service occupation.In 2021, 57.50% of the homes in Toormina were owner-occupied compared with 55.10% in 2016.
Toormina has 3,359 properties. Over the last 5 years, Houses in Toormina have seen a 32.80% increase in median value, while Units have seen a 30.29% increase. As at 31 August 2026:
- The median value for Houses in Toormina is $841,113 while the median value for Units is $579,320.
- Houses have a median rent of $685 while Units have a median rent of $490.
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