31 Ocean Pde, The Entrance is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1977. The property has a land size of 778m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in August 2002.
Two stage Residential Flat Development of 41 units comprising two buildings of 6 and 8 residential floors respectively in addition of 2 levels of basement car parking including demolition of existing structures.
Income approx. $100,000 per annum
DA was completed in 2011 and substantial work has begun.
Ideally locale in The Entrance close to shops and beaches offering stunning water views!
The size of The Entrance is approximately 1.6 square kilometres. It has 5 parks covering nearly 15.8% of total area. The population of The Entrance in 2011 was 3,872 people. By 2016 the population was 4,020 showing a population growth of 3.8% in the area during that time. The predominant age group in The Entrance is 60-69 years. Households in The Entrance are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in The Entrance work in a professional occupation. In 2011, 32.8% of the homes in The Entrance were owner-occupied compared with 36.5% in 2016.
The Entrance has 4,328 properties. Over the last 5 years, Houses in The Entrance have seen a 76.24% increase in median value, while Units have seen a 56.37% increase. As at 31 October 2024:
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