7 Red Gum RoadBoomerang Beach NSW 2428
Property Details for 7 Red Gum Rd, Boomerang Beach
Last Listing description (May 2018)
***UNDER CONTRACT*** Rare opportunity to purchase vacant land in popular Boomerang Beach within walking distance to the sparkling blue waters - definitely a rare commodity now.
Lot 1, 7 Red Gum Road is ready for development. At approximately 971sqm, the level and clear allotment is close proximity to beaches, shops and cafes.
This excellent site would suit the savvy investor looking to further capitalise amongst quality properties nearby. The wonderful location definitely lends itself to possible holiday homes or permanent living.
Building guidelines are clearly mapped out in the Strata Development Contract - which is freely available.
Come and enjoy the Palms Life relaxed coastal living at its best.
List and Sell with the area's leading Agency!
*NB. We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy.
Prospective purchasers are advised to carry out their own investigations.
* Please note that several area location and lifestyle shots have been included in this advertisement.
Property History for 7 Red Gum Rd, Boomerang Beach, NSW 2428
- 23 Apr 2017Listed for Sale $325,000
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0About Boomerang Beach 2428
The size of Boomerang Beach is approximately 2 square kilometres. It has 2 parks covering nearly 0.9% of total area. The population of Boomerang Beach in 2011 was 434 people. By 2016 the population was 299 showing a population decline of 31.1% in the area during that time. The predominant age group in Boomerang Beach is 60-69 years. Households in Boomerang Beach are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Boomerang Beach work in a professional occupation. In 2011, 66.8% of the homes in Boomerang Beach were owner-occupied compared with 65.1% in 2016.
Boomerang Beach has 726 properties. Over the last 5 years, Houses in Boomerang Beach have seen a 21.79% increase in median value, while Units have seen a 28.48% increase. As at 31 October 2024:
- The median value for Houses in Boomerang Beach is $738,267 while the median value for Units is $558,234.
- Units have a median rent of $450.
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