BINALONG BAY BONANZA
THIS HUGE BOATSHED WITH ITS SEPARATE COMPARTMENTS INCLUDING MEZZANINE STORAGE AND ABLUTIONS COULD BE THE FORE RUNNER TO YOUR LUXURY HOME IN PARADISE. LOCATED ON A SPACIOUS BLOCK OF APPROX. 638SQM. A LOT OF THE EXPENSIVE INFRASTRUCTURE HAS BEEN DONE, INCLUDING THE INSTALLATION OF AN ENVIROCYCLE AND POWER. OPPORTUNITIES SUCH AS THIS ARE BECOMING RARER AS THE LIMITED SPACE OF THIS PRESTIGIOUS AREA IS DEVELOPED.
The size of Binalong Bay is approximately 45.1 square kilometres. It has 3 parks covering nearly 88.2% of total area. The population of Binalong Bay in 2011 was 209 people. By 2016 the population was 288 showing a population growth of 37.8% in the area during that time. The predominant age group in Binalong Bay is 60-69 years. Households in Binalong Bay are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Binalong Bay work in a professional occupation. In 2011, 81.4% of the homes in Binalong Bay were owner-occupied compared with 77.1% in 2016.
Binalong Bay has 553 properties. Over the last 5 years, Houses in Binalong Bay have seen a 114.31% increase in median value, while Units have seen a 49.96% increase. As at 31 October 2024:
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