Absolute beach frontage.
This is an great opportunity to acquire waterfront property that ticks all the boxes. It has absolute beach frontage to some of the most magnificent and rugged island coastline, it has frontage to South Road providing immediate access, it includes roughly a 50% balance of cleared pasture land and coastal bush, and it provides some magnificent building sites to allow development into the ultimate lifestyle. Development approval with a marked footprint for building has been approved by the local Council.
King Island offers some exceptional coastal views and here you can enjoy all the elements of a coastal environment , watch the setting sun, enjoy the native flora and fauna and take the opportunity to walk the shoreline and maybe catch some fish or even the odd crayfish.
The size of Lymwood is approximately 126 square kilometres. It has 4 parks covering nearly 10.1% of total area. The population of Lymwood in 2011 was 279 people. By 2016 the population was 88 showing a population decline of 68.5% in the area during that time. The predominant age group in Lymwood is 60-69 years. Households in Lymwood are primarily couples with children and are likely to be repaying $450 - $599 per month on mortgage repayments. In general, people in Lymwood work in a managers occupation. In 2011, 63.5% of the homes in Lymwood were owner-occupied compared with 73.9% in 2016..
Lymwood has 92 properties. Over the last 5 years, Houses in Lymwood have seen a 23.85% increase in median value. As at 31 October 2024:
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