Gymea located between Sutherland and Cronulla in the Sutherland Shire approximately 22km from the CBD. Being positioned on the Cronulla rail line, commuting to the city is easy with direct services to Town Hall Station taking around 45 minutes via direct train services. Alternatively, Cronulla is only 4 stops away for weekend trips to the beach.
Housing development rapidly expanded in the 1950’s after Sutherland was officially recognised as a suburban area of Sydney. Consequently, many of the houses are post-war single storey brick dwellings. Due to rapidly escalating land prices since 2011, many of these houses are being replaced with new two storey houses as well as townhouse, apartment and mixed-use developments where the zoning permits. Freestanding houses now make up less than 50% of dwellings in the suburb, with semi-detached houses making up another 20% and units accounting for over one quarter of dwellings.
Gymea strikes an excellent balance between affordability, proximity to the city and lifestyle attributes including access to Cronulla Beach and the Royal National Park. Based on recent results released by Domain, Gymea’s median house increased by a strong 6.6% over the past year due to constant demand to live in the area. This is fantastic for investors, particularly during a time when most Sydney suburbs were losing value.
The Gymea Hotel has been a popular local meeting place since it opened in 1959. Today though, the shopping strip along Gymea Bay Road and Kingsway has dramatically expanded and there are now six storey mixed use developments. All your daily requirements can be found within walking distance of the station with a variety of cafes and restaurants as well as a supermarket, Portuguese bakery, butcher, deli and green grocer. Neighbouring Miranda has a wider selection of shops though, with a Westfield shopping centre and all the major supermarkets including Coles which recently opened in the new South Village shopping centre.
Nearby Sutherland Hospital recently underwent a $62.9m redevelopment to deliver a new and expanded emergency department providing 44 treatment bays and 60 new acute inpatient beds.
Gymea is fortunate to be surrounded by National Parks and waterways which offer a host of activities. Botany Bay to the north is popular with kite surfing and Port Hacking to the south is popular for kayaking due to the calm water. Kamay Botany Bay National Park is situated at Kurnell Point and a walking and cycling path has now been completed all the way along the coast to the southern suburbs of Sydney. The famous Royal National Park is located to the south and you can easily spend days in there. A worthwhile coastal walking path takes two days at a leisurely pace and extends from Bundeena (reached by ferry from Cronulla) to Otford.
Local government schools include Gymea Bay Public School, Kirrawee Public School and Port Hacking Secondary School. Independent options include St Patricks Primary School, St Patricks College, St Catherine Laboure Primary School and Our Lady Star of The Sea Catholic School.
The median price in Gymea has increased $1,173,000 in 2018 (up 6.6% compared to 2017). Due to the relative affordability, up to 65% of home buyers in the area come from the Inner West. The median price will buy you a renovated 4 bedroom house with parking on over 500sqm of land. When you’re coming from the Inner West with much smaller land sizes, you can’t argue with this value! Days on market are also quite low at 37 days, which demonstrates the strong demand to buy in the area.
The median price for a two bedroom unit is $706,000. For this price, you can buy a modern (circa 1990’s or early 2000’s) two bedroom unit with parking and within walking distance to Gymea Bay Road shops.
To get a buyers’ agent / advocate on your side searching for a property in Gymea, please call us on 1300 655 615, email us, or send us your buyers wishlist today by clicking here. If you would like to know the latest median values and statistics for Gymea, call us today.
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