Set in the tranquil suburb of Horseshoe Bay on Magnetic Island is this 760m2 Block
Situated in a small quiet neighbourhood at the rear of the suburb, ready to build that dream home or to purchase as an investment for the future.
Ready to go the block has under ground services in place with town water, mains sewerage and power.
Magnetic Island is known for its laid back lifestyle, peaceful living and great wildlife including Rock Wallabies and the islands own Koala population. Horseshoe Bay is the largest suburb on the island with Wallaby Way just 2 minutes to the picturesque foreshore offering cafes, shops restaurants, swimming nets, water sports and bush walks. its just a 10 minute drive to the Nelly Bay ferry terminal with a 40 minute trip in to Townsville.
If you are looking for more space and a larger block the adjoining block at number 11 is also available.
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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