First National Coast & Country Market Review - January 2025 Issue

Page 1


PRINCIPALS

OFFICES

KIAMA

5/65ManningSt p42322888

GERRINGONG 119FernSt p42341911

Terry Digger

Principal | Licensee 0417 760 669 terry digger@ccfn com au

Jason Stalgis

Principal | Licensee 0403 648 375 jason.stalgis@ccfn.com.au

SHOALHAVENHEADS

1/131ShoalhavenHeadsRd p44488344

FOLLOW US

@COASTANDCOUNTRYFN

@COASTANDCOUNTRYFN

Statists sourced via: Corelogic/realestate.com.au

COASTANDCOUNTRYFN.COM.AU

3

MARKET STATISTICS

A summary for the region 9

RECENT PROPERTY SALES

Our sales for September to December2024

PROPERTIES FOR SALE

Our current listings as at 1st January 2025 31 COMMERCIAL REAL ESTATE

What's been happening in the last quarter 25 PROPERTY MANAGEMENT

33

37

What's been happening in the last quarter

COAST & COUNTRY HOLIDAYS

A selection of our holiday properties

LOCAL COMMUNITIES

Community involvement and sponsorship

Welcome to 2025! As we step into the new year, we are optimistic about the continued growth and stabilisation of the real estate market.

From our Principals

C O A S T & C O U N T R Y

8 The Village, Minnamurra, $1,240,000

55 Allowrie Street, Jamberoo, $1,625,000

4 Gwinganna Avenue, Kiama, $4,500,000

In addition, our Coast & Country Holidays division is seeing high demand, with bookings filling up quickly for the upcoming school holiday season.

With interest rates expected to decrease and economic conditions showing positive signs, we anticipate that the market will gain momentum throughout the year Buyers are likely to find more opportunities, while sellers can expect steady demand for wellpriced properties We are excited to support both our vendors and purchasers through another great year.

Reflecting on the last quarter of 2024, we had excellent results across our three offices, with 44 new listings and 38 properties sold. Notable sales include 4 Burra Street, Gerringong, $2,150,000. Record Sale! 13 Willowbank Place, Gerringong, $1,900,000

These sales highlight the continued strength and demand for quality properties in our region, and we are incredibly proud of the hard work and dedication of our team

Looking ahead, we have a fantastic range of properties currently listed and coming to market in 2025.

Whether you are considering buying, selling, or simply seeking advice, our team is here to help you make informed decisions every step of the way.

We are committed to making your real estate experience smooth and rewarding, and we look forward to another successful year, helping you achieve your property goals

We hope you enjoy this update, and it inspires you to make your next property decision with us

TERRY DIGGER | JASON STALGIS PRINCIPALS

Region Results - Houses

Median house price last 12 months

Kiama

Kiama Downs

Kiama Heights

Gerringong

Gerroa

Werri Beach

Jamberoo

Shoalhaven Heads

$1,748,838

$1,543,656

$1,935,500

$1,781,558

$2,162,391

$2,469,231

$1,482,500

$1,152,758

Average days on market: Houses

Sold last 12 months: Houses

Kiama 60

Jamberoo 98

KiamaDowns 43

ShoalhavenHds 93 KiamaHgts 72

Gerroa 122

Source:Corelogicandrealestate.com.au

50

ShoalhavenHds 60

Gerroa 22 Jamberoo 18

48

Kiama 96
Gerringong 60
KiamaDowns

Region Results - Units

Median unit price last 12 months

$1,035,000

$1,137,925

Hds

$570,740

Kiama
Gerringong
Shoalhaven
Kiama 26
ShoalhavenHeads 23
Gerringong 12
Gerringong 88 ShoalhavenHds

Our Properties For Sale

First National Coast & Country is the longest-serving real estate team in the area. Having operated throughout Kiama, Gerringong and Shoalhaven Heads for 30 years, we are proud to offer the largest and most experienced real estate group of professionals, working hard to provide you with the best service and local knowledge. Over the next twelve pages, we have showcased our latest properties for sale. Whilst this is up to date at the time of publication, our listings are forever changing. Contact us today to enquire about our latest and upcoming properties for sale.

BARRACK HEIGHTS

1/3-5 Summerfield Place

3 1 1

$660,000 - $710,000 - Sam Lathbury

60 Armstrong Avenue GERRINGONG 2 1 Land Size: 800sqm

$1,410,000 - $1,550,000 - Joe Dignam

26 The Triangle CULLBURRA BEACH Land: 752sqm

$570,000 - Claire Nunn & Aimee Longbottom

7/133 Belinda Street GERRINGONG 3 2 2

159 Belinda Street

GERRINGONG 10 4

$795,000 - Nana Coburn & Jason Stalgis 6

$4,500,000 - $4,750,000 - Nana Coburn & Jason Stalgis 197 Willowvale Road GERRINGONG 4 2 Land Size: 4,000sqm Contact Agent - Terry Digger & Abbey Murphy 90 Belinda Street GERRINGONG 5 2 1

$1,625,000 - $1,675,000 - Angie Ritchie & Ryan Stalgis 27 Union Way GERRINGONG 4 2 2 New to Market - Angie Ritchie & Ryan Stalgis

10/146-152 Fern Street GERRINGONG 3 2 2

Off Market Opportunity - Nana Coburn

1/133 Belinda Street GERRINGONG 3 2 2

$1,450,000 - $1,550,000 - Angie Ritchie & Ryan Stalgis

5/15 Noble Street

$785,000 - Nana Coburn & Jason Stalgis 11 Park Road

2 1 Land Size: 423sqm Contact Agent - Ryan Stalgis & Angie Ritchie

$1,895,000 - Ryan Stalgis & Angie Ritchie 5 2

1 1 1 New to Market - Nana Coburn & Jason Stalgis

$1,200,000

JASON STALGIS

Principal/Sales

TERRY DIGGER

Principal/Sales

CLAIRE NUNN

Sales Agent

Sales Agent ANDY WHARTON

JOE DIGNAM

Sales Agent

RYAN STALGIS

Sales Agent

ANGIE RITCHIE

Sales Agent

AIMEE LONGBOTTOM

Sales Agent

NANA COBURN

Sales Agent

Team

AVID ALL

Sales Agent

SAM LATHBURY

Sales Agent

LILLI WILLIAMS

Sales Agent

ABBEY MURPHY

Sales Agent

ASHLEIGH HOPTMAN

Sales Associate

TYNAN ROBERTS

Sales Associate

A word from our clients...

JASON WAS VERY PROMPT

193/47 Shoalhaven Heads Road, Shoalhaven Heads J & K Klomp - Purchasers Jason Stalgis

Whenever we had a query regarding the purchase of the house we were looking at, Jason was very prompt and provided us with the correct information. Everything went smoothly and the lovely gift was a pleasant surprise

YEARS OF EXPERIENCE

18 Dido Street, Kiama P and V Rowe - Vendor Terry Digger

Terry has a great understanding of the market and years of experience in real estate. He and Abbey worked as a great team to produce an excellent outcome.

23 Blackwood Street, Gerringong K Hancock - Vendor Joe Dignam

EXCELLENT COMMUNICATOR

Joe provided up to date information on the value of the property enabling us to set a realistic value This resulted in many buyers showing genuine interest and offers Joe kept us informed on a regular basis and this provided us with excellent feedback I would definitely recommend Joe to any prospective vendor.

HARD WORKING AND PROFESSIONAL

158 Hockeys Lane, Cambewarra P & M Jirgens - Vendor Claire Nunn

It was an absolute delight working with Claire to sell our family home of 40 years. She was incredibly hard working, professional and could not have made the process any easier for us I can't recommend her highly enough to other sellers!

GREAT LOCAL KNOWLEDGE

36c Willawa Avenue, Gerringong J Swinburn - Vendor Ryan Stalgis

Ryan was very knowledgeable about the Gerringong market. He provided practical advice on preparing the house for sale When the campaign started, he kept us updated and was always available to talk We were very happy with the sale price and speed of the sale Thanks Ryan!

PROFESSIONAL AND DEDICATED

G05/141 Belinda Street, Gerringong R Shrestha - Vendor Angie Ritchie

Angie's professionalism, dedication, and expertise were evident from the start, she demonstrated a deep understanding of the market, providing valuable insights and guidance throughout the process Her proactive approach ensured a smooth and timely sale Highly recommended for anyone looking to sell their property with confidence.

Our Sales Team Putting You First

3A David Smith Place, Kiama Heights F Worner - Vendor Andy Wharton

PLEASURE TO WORK WITH

Andy is an experienced agent who knows the kiama area well, he is well connected and knows the business inside and out We had a good experience selling our family home with Andy and he understands how to get the best out of a difficult situation, given the market and house nuances

SAM WAS COURTEOUS

55 Allowrie Street, Jamberoo L Janssens - Vendor Sam Lathbury

As vendors we are highly satisfied with Sam’s professionalism and honesty

From the very first time Sam came to view the house and up until when we decided to list with him, he was courteous, patient and respectful. Whilst we were in the selling process and even afterwards, S

PROFESSIONAL AND RELIABLE

5 Ravenscliffe Road, Shoalhaven Heads J Leonard - Purchaser Lilli Williams

Lilli has made buying our new home easy, she is approachable, professional, kind and reliable. Lilli was always quick to respond and made us feel at ease with the process.

HIGHLY RECOMMEND AIMEE

6 Cameron Crescent, Kiama Downs K Dunn - Vendor Aimee Longbottom

From start to finish Aimee exceeded every expectation I had for a real estate professional. She displays exceptional commitment to her clients and has excellent market knowledge, allowing for a seamless process If you are looking for an agent that goes above and beyond I can highly recommend Aimee.

WARM AND APPROACHABLE

4 Burra Street, Gerringong K Shepherd - Vendor Nana Coburn

Nana has a warm, approachable manner that we sensed from our first meeting with her She wanted to know the story behind our property for sale and could see and appreciate the high quality fixtures and finishes that made our property unique. Her communication with us each week was positive and reassuring and the relay of information back from potential buyers was timely

ABBEY KNOWS THE LOCAL MARKET

8 The Village, Minnamurra J Howe - Vendor Abbey Murphy

Abbey knows the local market well, was well organised, always on time for open house days and providing weekly reports Abbey responded quickly to enquiries from me and prospective buyers Abbey is very thoughtful, caring and professional and a pleasure to work with She was always calm and did not put any presssure on me in any way. I would highly recommend Abbey to any prospective clients.

Region ResultsRental Properties

Rental Market Update

The rental market in Kiama, NSW, is experiencing strong demand from both locals and newcomers drawn to the area’s coastal charm. However, affordability is becoming a significant challenge, with rental prices continuing to rise. Many property owners are choosing to reclaim their rentals due to the increasing costs of maintaining investment properties, further tightening supply. While smaller, more affordable properties are being snapped up quickly, larger executive rentals are taking longer to lease as tenants face cost-of-living pressures. Overall, the market reflects a blend of high demand and affordability constraints.

73 Marsden Street, Kiama
$1,500
- Anne-Marie Fishburn

Achieving Top Rental Results

Leased from first Open Home Great Result

37 ROBINS CREEK DRIVE, HORSLEY

$700 PER WEEK

7A FEDERAL STREET, MINNAMURRA

$885 PER WEEK

Off Market

23 WILLOWBANK PLACE, GERRINGONG

$750 PER WEEK

Great Result

93/35 THE BASIN ROAD, ST GEORGES BASIN

$620 PER WEEK

LEASED BY DEB PETERS LEASED BY VANDRE ELITH

Off Market Great Result

37 CAMPBELL STREET, GERRINGONG

$975 PER WEEK

25 BELVEDERE STREET, KIAMA

$950 PER WEEK

Leased from first Open Home

4/50 ATTUNGA AVENUE, KIAMA HEIGHTS

$460 PER WEEK

Great Result

3 HENRY LEE DRIVE, GERRINGONG

$875 PER WEEK

A word from our clients...

Anne-Marie has been exceptional to work with

I would like to acknowledge the excellent work that Anne-Marie does, and to compliment Anne-Marie on the level of service and professionalism that she provides Anne-Marie has been exceptional to work with and she has responded quickly to various maintenance matters at the property, which she does in a friendly, engaging and solutions minded focus. I am sure the current tenants are equally as satisfied too.

Beyond Incredible

Deb has been beyond incredible, organising and supporting us in our new rental. Thank you for your hard work, swift responses and ongoing commitment to First National and your clients.

Highly recommend Lorraine!

We are delighted to share our very positive experience with Lorraine Shaw of Coast & Country First National as the managing real estate agent for our rental property. From the very beginning, Lorraine has demonstrated professionalism, dedication, and a deep understanding of the real estate market.

Always Responsive & Helpful

We would like to thank Tricia Murdoch and her team for the way she has handled the tenants during our ownerhip in Gerroa. Always responsive, helpful, with our best interests at heart but also being fair to the tenants. Thankyou Tricia from us both. Best wishes.

Vandre is brilliant!

Vandre has been my managing agent for well over 6 months. She had to take over management of a very difficult tenant. Vandre did a brilliant job navigating issues that arose, going way beyond the call of duty to avoid problems for us the landlords. I have no hesitation in recommending Vandre as a most professional property manager who is committed and extremely reliable. Vandre is also able to provide my personal phone number should a verbal reference be required.

Property Management Team

Property Manager

Property Manager

Property Manager

Property Manager

Commercial Property Manager

TREENA ALLEN
LORRAINE SHAW
VANDRE ELITH
DEB PETERS
ANNE-MARIE FISHBURN
Property Manager
TRICIA MURDOCH

Exclusive offer for all new commercial managements in 2025 6 months zero management fees

Quote the following promo code and pay zero commercial management fees for the first 6 months. PROMO CODE: FNCPROMO2025

The start of a new calendar year is the perfect time for fresh resolutions. If you're considering a change in commercial property managers and want to simplify your commercial investment journey, we have an exclusive offer for all new landlords Zero management fees for the first 6 months as our way of welcoming you to First National

2024 review: The final quarter of 2024 saw a stable and accessible commercial real estate market in Kiama's local LGA. The increase in property listings and tenancies and the softening market conditions provided favourable opportunities for investors, particularly those entering the commercial market for the first time

Whether you're looking to buy, sell, or lease retail, office, industrial properties, or business sales, contact Treena today at 4232-2888 to arrange a confidential conversation and discovery session.

105 Fern Street, Gerringong

Building Size: 300 sqm

Contact Agent - Treena Allen

Level 1/116 Terralong Street, Kiama

Building Size: 144 sqm

$700 + GST NET - Treena Allen

Room 1 of 8/65 Manning Street, Kiama

Building Size: 8 sqm

$400 + GST - Treena Allen

Building Size: 66 sqm 17/106 Terralong Street, Kiama

$2,800 inc GST - Treena Allen

Discover the perfect place to stay with a Coast & Country holiday home.

Boutique and luxury holiday homes in the Kiama, Gerringong, Gerroa, Shoalhaven Heads and beyond. Our portfolio includes an extensive range of beachside homes, hinterland retreats, pet and familyfriendly accommodation and more.

Holiday Property Management Team

HolidayProperty Officer NICOLE STEPHENS

HolidayProperty Officer ROCHELLE KERR

HolidayProperty Officer LISA GALE

Looking for a Holiday Property Manager? Coast & Country Holidays has you covered

We specialise in managing boutique and luxury holiday homes along the stunning South Coast. With our trusted and experienced team, homeowners can relax, knowing their property is in expert hands. We’re dedicated to maintaining your home to the highest standards while ensuring a profitable and stress-free letting experience.

A word from our clients...

“Great Stay!”

Perfect house for a beach holiday

Clean, spacious, nice deck with beach view

- Spirit of Gerroa

"Beautiful Views"

Great location with nice sea views. Well-equipped for large families. A great stay for a large family. wellequipped home with beautiful views.

- Casa Moana

"Extremely Responsive Host!"

We had a great stay at Anembo Hideaway. The property was neat and and the kitchen was well equipped with everything you would need Comfortable beds and great for multiple families travelling together. The street was in a quiet neighbourhood, a short distance from the Kiama Coastal Walk Short drive to Kiama shops and sights, and a easy base to travel out to Jamberoo, Berry and Shoalhaven The host was very helpful and extremely responsive in all communications. We look forward to returning

-Anembo Hideaway

"Perfect Location"

Loved our stay at Cullengetty Estate! The home was clean and tidy, with everything you need at your fingertips. Perfect location for a weekend away with friends.

-Cullengetty Estate

"Absolutely loved my stay"

This home is so comfortable and has everything needed for the whole family. There were lots of activities to do and it was very relaxing when needed. The best part is how close it is to beach! I can't recommend this property enough.

-Sojourne

Proudly sponsoring our Community

Supporting the growth and well-being of our community is a core value for our organisation. That’s why we continue to partner with local groups, especially those dedicated to promoting health and wellness for our residents.

Kiama Business Chambers Christmas Party
Agent Sam Lathbury assisting at Kiama Kingfishers

Agent Sam Lathbury assisting at a Kiama Golf Tournament

OUR CURRENT

KIAMA SHOW SOCIETY

Crop and Swap co-created by Agent Angie Ritchie

SHOALHAVEN HEADS GOLF CLUB

GERRINGONG JUNIOR LIONS

ILLAWARRA FOLK CLUB

SURF LIFE MUSIC FESTIVAL

GERRINGONG LIONS

KIAMA GOLF CLUB

GERRINGONG FISHING CLUB

GERRINGONG MUSIC CLUB

GERRINGONG JUNIOR LEAGUE

KIAMA AFL

SHOALHAVEN HEADS PUBLIC

SCHOOL SPRING FAIR

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