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 56.51% increase in median value, while Units have seen a 61.25% increase. As at 30 November 2024:

  • The median value for Houses in Cape Woolamai is $760,888 while the median value for Units is $644,270.
  • Houses have a median rent of $470 while Units have a median rent of $320.
There are currently 15 properties listed for sale, and no properties listed for rent in Cape woolamai on OnTheHouse. According to CoreLogic's data, 48 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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