75 Inman Valley Rd, Back Valley is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 4047m2.
Totalling 13 bedrooms, 7 bathrooms and 11 car parks, 75 Inman Valley Road is ideal for the developer, astute investor, or family seeking their beach retreat minutes from a main town centre in a desirable holiday locale.
Currently utilised as five single level apartments each containing two bedrooms, one bathroom, a kitchen and living area with large windows that all capture aquamarine views. In addition, there is a separate two-storey dwelling inclusive of an entertainer's balcony. The well-designed interiors have a neutral palette with exposed timber beams adding character to every room that could be retained and added to.
This holding presents a multitude of opportunities for one to acquire a sizeable block with the potential to further extend or knock down and build (STCC) one large home with panoramic sea views, convert the existing infrastructure into holiday / long term rentals or redevelop the large block tucked away in a private section of this highly desirable seaside area.
The size of Back Valley is approximately 59.4 square kilometres. It has 3 parks covering nearly 1.6% of total area. The population of Back Valley in 2011 was 732 people. By 2016 the population was 151 showing a population decline of 79.4% in the area during that time. The predominant age group in Back Valley is 60-69 years. Households in Back Valley are primarily childless couples and are likely to be repaying $2400 - $2999 per month on mortgage repayments. In general, people in Back Valley work in a managers occupation. In 2011, 75% of the homes in Back Valley were owner-occupied compared with 87.1% in 2016..
Back Valley has 151 properties. Over the last 5 years, Houses in Back Valley have seen a 86.09% increase in median value, while Units have seen a -22.24% decrease. As at 31 July 2024:
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