FOR SALE
$239,000

Berth Lot 5175 Martha Cove Waterway
Safety Beach VIC 3936

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Why Lease When You Can Own A Freehold?

Positioned right in the middle of the action in 'B' Row, this 12m freehold marina berth is ideal for the family watercraft or the astute investor with the current rental return being $8,500 per annum - alternatively vacant possession can be provided for the owner occupier. Securing a freehold berth at Hidden Harbour gives you the peace of mind of your own certificate of title together with the added advantage of the yearly outgoings being approximately half paid by the leasehold owners.
An abundance of parking, toilet facilities and 24 hour security are all included for those fortunate to own a freehold berth. It is highly unlikely that freehold berths will ever be offered again on Port Phillip Bay & if you have been looking at berths at Martha Cove you will know that at this price you will need to act quickly.
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Property Details for Berth Lot 5175 Martha Cove Waterway, Safety Beach

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Land

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About Safety Beach 3936

The size of Safety Beach is approximately 6 square kilometres. It has 23 parks covering nearly 12.2% of total area. The population of Safety Beach in 2011 was 3,517 people. By 2016 the population was 4,824 showing a population growth of 37.2% in the area during that time. The predominant age group in Safety Beach is 60-69 years. Households in Safety Beach are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Safety Beach work in a trades occupation. In 2011, 69.6% of the homes in Safety Beach were owner-occupied compared with 69.8% in 2016.

Safety Beach has 5,124 properties. Over the last 5 years, Houses in Safety Beach have seen a 38.31% increase in median value, while Units have seen a 27.69% increase. As at 30 November 2024:

  • The median value for Houses in Safety Beach is $1,172,314 while the median value for Units is $897,475.
  • Houses have a median rent of $695 while Units have a median rent of $610.
There are currently 60 properties listed for sale, and 4 properties listed for rent in Safety beach on OnTheHouse. According to CoreLogic's data, 315 properties were sold in the past 12 months in Safety beach.

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Stuart Cox
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Cameron McDonald
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Jacobs & Lowe Estate Agents
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.