This exclusive waterfront setting rarely offers such a premium buying opportunity combining a generous landholding, powerful potential and stunning panoramas over the water. The focus is firmly on the future here as the solid bones of this original property provide the ideal foundation for a creative update, renovation or a substantial new residence (STCA). It will bring excellent rewards for those wishing to capitalise on such a prized position that has shops, schools, parklands and the ferry wharf all within walking distance.
- A large 607sqm street-to-waterfront block with breathtaking views
- Prime easterly aspect with generous and light filled interior spaces
The size of Cabarita is approximately 0.5 square kilometres. It has 4 parks covering nearly 26.2% of total area. The population of Cabarita in 2011 was 1,928 people. By 2016 the population was 1,970 showing a population growth of 2.2% in the area during that time. The predominant age group in Cabarita is 60-69 years. Households in Cabarita are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Cabarita work in a professional occupation. In 2011, 79.3% of the homes in Cabarita were owner-occupied compared with 80.7% in 2016.
Cabarita has 968 properties. Over the last 5 years, Houses in Cabarita have seen a 43.49% increase in median value, while Units have seen a 43.42% increase. As at 31 October 2024:
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