New to the market is this 3435m2 block with views of Hayman Island and across the Bay. The owner had purchased it for his retirement but now his plans have changed and he needs to sell the block.
Situated near the end of the Mandalay Peninsula, in a 17 allotment gated estate, this block is one of the highest so has one of the biggest views yet is surrounded by protected bush.
So, if you want privacy, and you want to make sure that when you come home you can relax in luxury, soaking up that perfect Whitsundays view while sipping a wine to unwind, then this is your opportunity. You can design that perfect home, one that is unique, where you can put your own creative style into it, something that is impressive. For this you need to be in an impressive area and it doesnt get much better than Mandalay Peninsula.
The size of Mandalay is approximately 2.5 square kilometres. It has 5 parks covering nearly 11.2% of total area. The population of Mandalay in 2011 was 304 people. By 2016 the population was 329 showing a population growth of 8.2% in the area during that time. The predominant age group in Mandalay is 40-49 years. Households in Mandalay are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mandalay work in a trades occupation. In 2011, 60% of the homes in Mandalay were owner-occupied compared with 54.2% in 2016.
Mandalay has 209 properties. Over the last 5 years, Houses in Mandalay have seen a 83.53% increase in median value, while Units have seen a 108.95% increase. As at 31 October 2024:
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