This is one of a very few remaining vacant blocks in the Somerset St area, a nicely established area of mostly owner occupiers, well elevated to catch the prevailing breezes from both the south-east and north and with excellent drainage.
The very slightly sloping block enjoys superb hill views in all directions so you choose your preferred orientation. With a 20m frontage, it's easy to build on, with town water, sewer and power all easily available.
Approx 15 minutes walk to the beach and 10 minutes drive to the ferry terminal, it's easy to get to everything you need whilst enjoying the peace away from the tourist areas!
There's plenty to do in Horseshoe Bay with of course the beautiful sandy north-facing beach, cafes, restaurants, shops, regular markets, skate park and multi-sport court.
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Property Code: 1572
The size of Horseshoe Bay is approximately 6.2 square kilometres. It has 3 parks covering nearly 34.5% of total area. The population of Horseshoe Bay in 2011 was 538 people. By 2016 the population was 559 showing a population growth of 3.9% in the area during that time. The predominant age group in Horseshoe Bay is 60-69 years. Households in Horseshoe Bay are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Horseshoe Bay work in a community and personal service occupation. In 2011, 64.6% of the homes in Horseshoe Bay were owner-occupied compared with 69.4% in 2016.
Horseshoe Bay has 599 properties. Over the last 5 years, Houses in Horseshoe Bay have seen a 51.28% increase in median value, while Units have seen a 130.88% increase. As at 31 October 2024:
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