Originally priced at $175,000 the owner has reduced to $115,000 - with the current Tasmanian Valuer General valuation of $145,000 this is a bargain for the savvy investor. One of the last vacant Ocean Front Reserve residential lots in the small, quiet Edgcumbe Beach area.
The large 1200m2 section will offer excellent ocean views from Stanley to Rocky Cape, which will never be built out. Only coastal reserve separates the property from the sea, approx 100m to the water. There are private rocky pools where you can swim or fish, or if you are into surfing, there is a beautiful, sandy beach about 5 minutes walk away.
The land would suit a North facing solar passive home.
The size of Edgcumbe Beach is approximately 2.4 square kilometres. It has 1 park covering nearly 4.3% of total area. The population of Edgcumbe Beach in 2011 was 302 people. By 2016 the population was 38 showing a population decline of 87.4% in the area during that time. The predominant age group in Edgcumbe Beach is 60-69 years. Households in Edgcumbe Beach are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Edgcumbe Beach work in a community and personal service occupation. In 2011, 77.2% of the homes in Edgcumbe Beach were owner-occupied compared with 105.2% in 2016.
Edgcumbe Beach has 46 properties. Over the last 5 years, Houses in Edgcumbe Beach have seen a 78.17% increase in median value. As at 31 October 2024:
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