North Beach RoadNorth Beach SA 5556
Property Details for Lot 997 North Beach Rd, North Beach
Last Listing description (May 2019)
This is a great investment opportunity totaling 35.11 ha & only 300 meters to the pristine beaches of North Beach, Wallaroo.
The land comprises of 2 separate zones.
Zone 1 - 16.91 ha is zoned 'Tourist Accommodation'. This policy was created for this land & is extremely broad in nature. This allows for Tourist Accommodation, as well as residential development & associated sub-divisions. This policy area guidelines allow for maximum diversity for any development purposes & allows all future development plans concerning future stage. (Refer to the attached North Beach Policy Area 15 under the floor plan tab)
It is an exciting time to be investing in the Copper Coast, especially with the government announcement of the $90m duplication of Highway 1 through Port Wakefield & an overpass for the Yorke Peninsula traffic. This will reduce the congestion in holiday periods, therefore attracting even more tourists to the area.
This is a significant land holding with many development options.
Property History for Lot 997 North Beach Rd, North Beach, SA 5556
- 28 May 2021Sold for $770,000
- 26 Jan 2019Listed for Sale Contact Agent
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0About North Beach 5556
The size of North Beach is approximately 4.4 square kilometres. It has 8 parks covering nearly 2.6% of total area. The population of North Beach in 2011 was 407 people. By 2016 the population was 501 showing a population growth of 23.1% in the area during that time. The predominant age group in North Beach is 60-69 years. Households in North Beach are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in North Beach work in a professional occupation. In 2011, 76.6% of the homes in North Beach were owner-occupied compared with 66.6% in 2016.
North Beach has 1,009 properties. Over the last 5 years, Houses in North Beach have seen a 104.54% increase in median value, while Units have seen a 51.59% increase. As at 31 October 2024:
- The median value for Houses in North Beach is $582,552 while the median value for Units is $470,047.
- Houses have a median rent of $425.
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