Lot 1/7 Red Gum Rd, Boomerang Beach is a bedroom, bathroom House. The property has a floor size of 94m2.
***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.
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 727 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:
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