FOR SALE
$480,000

11 Ocean Reach
Cape Woolamai VIC 3925

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 572m2
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11 Ocean Reach in Cape Woolama

Nestled in a prime position, this expansive 572m2 (APPROX) plot of land is titled and primed for constructing your ideal holiday retreat or dream home.
A brief stroll leads to the Cape Woolamai shopping precinct, where the Wooli Tavern, Bang Bang Bar and Restaurant, cafes, shops, and the Cape Woolamai Express mini market offer a variety of experiences encapsulating Cape Woolamai's charm.
Just a short drive away lies the renowned Cape Woolamai surf beach, celebrated for its golden sandy shores and breathtaking cliff landscapes. This location presents an idyllic lifestyle, reachable in just under a 1.5-hour drive from Melbourne.
Rarely does land become available in this sought-after area. Whether you seek a weekend escape or a permanent coastal haven, this block is a rare gem. Act swiftly-opportunities like this are fleeting.
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Property Details for 11 Ocean Rch, Cape Woolamai

Building Type
Land
Land Size
572m2

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About Cape Woolamai 3925

The size of Cape Woolamai is approximately 6 square kilometres. It has 1 park covering nearly 69.5% of total area. The population of Cape Woolamai in 2011 was 1,549 people. By 2016 the population was 1,688 showing a population growth of 9.0% in the area during that time. The predominant age group in Cape Woolamai is 40-49 years. Households in Cape Woolamai are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Cape Woolamai work in a trades occupation. In 2011, 76.8% of the homes in Cape Woolamai were owner-occupied compared with 75.2% in 2016.

Cape Woolamai has 1,985 properties. Over the last 5 years, Houses in Cape Woolamai have seen a 62.75% increase in median value, while Units have seen a 56.58% increase. As at 31 July 2024:

  • The median value for Houses in Cape Woolamai is $750,453 while the median value for Units is $606,419.
  • Houses have a median rent of $455 while Units have a median rent of $325.
There are currently 11 properties listed for sale, and 2 properties listed for rent in Cape woolamai on OnTheHouse. According to CoreLogic's data, 56 properties were sold in the past 12 months in Cape woolamai.

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Stephen Harvey
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Ray White Phillip Island
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