OFF MARKET

7 Red Gum Road
Boomerang Beach NSW 2428

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 94m2
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Last updated 4 Nov 2024
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Property Details for Lot 1/7 Red Gum Rd, Boomerang Beach

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

Building Type
House
Floor Size
94m2
Local Government
Mid-Coast

Last Listing description (December 2017)

***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.

Local builders should jump on this property which is very well priced compared to other lots nearby. All services are close by and available.
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 areas leading Agency!n________________ ______________________________
Please Note:
* 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.
* Several watermarked area location and lifestyle images may have been used in this advertisement.

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Property History for Lot 1/7 Red Gum Rd, Boomerang Beach, NSW 2428

A timeline of how this property has performed in the market
  • 06 Jul 2017
    Listed for Sale SOLD

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About 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 714 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.
There are currently 5 properties listed for sale, and no properties listed for rent in Boomerang beach on OnTheHouse. According to CoreLogic's data, 24 properties were sold in the past 12 months in Boomerang beach.

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