5/4-10 Kennedy Dr, Point Lookout is a 4 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1996. The property has a land size of 76m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in July 2021.
Unit 5 in the Point Lookout Beach Resort offers the astute buyer an opportunity to secure a slice of paradise in central Point Lookout at an affordable price.
The unit is situated on the corner of the complex and boasts a large balcony with water glimpses, 2 bedrooms plus a loft in the main unit as well as a self contained studio apartment on the ground floor.
There are multiple options to significantly increase rental return through additional holiday rental opportunities or perhaps permanently renting one space while holiday letting the other. The unit plus studio arrangement in this complex offers many of the owners in the resort an exclusive use area while they holiday let the main unit upstairs.
The size of Point Lookout is approximately 4.4 square kilometres. It has 6 parks covering nearly 35.2% of total area. The population of Point Lookout in 2011 was 678 people. By 2016 the population was 709 showing a population growth of 4.6% in the area during that time. The predominant age group in Point Lookout is 60-69 years. Households in Point Lookout are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Point Lookout work in a professional occupation. In 2011, 57.2% of the homes in Point Lookout were owner-occupied compared with 62.5% in 2016.
Point Lookout has 1,386 properties. Over the last 5 years, Houses in Point Lookout have seen a 110.48% increase in median value, while Units have seen a 112.40% increase. As at 31 October 2024:
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