10 Parkes Street, Gerringong NSW 2534

10 Parkes Street, Gerringong NSW 2534
4-bed family house | Coastal village setting | Likely Kiama Council | Character-renovation potential | Quiet street pocket A solid family house is offered in a coastal village setting, with four bedrooms, two bathrooms, and two car spaces arranged in a detached format that suits long-term occupancy. Its position on Parkes Street is placed within a low-rise residential pocket where character homes and generous blocks are the norm. The property is likely to be most appealing to local upsizers or Sydney sea-changers seeking a relaxed base within walking distance of Gerringong village. The configuration is considered strong for its type, with the fourth bedroom and second bathroom providing genuine family functionality rather than holiday-only appeal. Value may be influenced by the block’s shape and dimensions, the orientation of the living areas, and the quality of any recent renovation. A north-facing rear yard or elevated outlook might be rewarded with a noticeable premium, while a dated interior or limited off-street parking could constrain bidding. The property’s current condition should be weighed against the cost of modernisation, as the pocket is known to reward well-presented homes.
Detailed Independent Property Report prepared  by PropCred Analyst team for 10 Parkes Street, Gerringong NSW 2534
Checks found:
Value Risk ! 1
Liquidity Risk ✓
Planning Risk ✓
Income Risk ✕ 2
Execution Risk ✕ 2
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Market Insight

Gerringong is a premium coastal town south of Wollongong, offering strong lifestyle appeal with limited supply. It attracts affluent buyers, retirees and second-home owners. Demand is driven by scarcity, ocean views and proximity to Sydney via improved transport links. High entry prices restrict the buyer pool but reinforce exclusivity. Price growth has been strong and typically outperforms surrounding areas. It sits firmly in the top tier of the South Coast market.
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PropCred Estimated Value

Comparable Sales: 10/146-152 Fern Street townhouse sold $740k (2017) | Property Price Band: $1.6M-$1.7M | Value Drivers: condition, land size, presentation |

Bedrooms

4

Bathroom

2

Parking

2

Land

1101m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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