On The Esplanade
Set just 30 metres from the beach is this residential block. The block is in excess of 2000 square metres allowing for residential development with mains electricity along the road. Frontage to the property is from The Esplanade with the land sitting back from the road. With just the sealed main road and public space between you and the beach this is an exceptional opportunity to acquire a premium residential block. Naracoopa is a warm and sheltered seaside village on the east coast of King Island, away from the prevailing winter weather yet just 25 minutes to the main town of Currie on the west coast. It boasts a lengthy fishing jetty, lovely beaches and great beach walking opportunities.
The size of Naracoopa is approximately 4.3 square kilometres. It has 2 parks covering nearly 2.4% of total area. The population of Naracoopa in 2011 was 203 people. By 2016 the population was 60 showing a population decline of 70.4% in the area during that time. The predominant age group in Naracoopa is 70-79 years. Households in Naracoopa are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Naracoopa work in a trades occupation. In 2011, 75.9% of the homes in Naracoopa were owner-occupied compared with 57.7% in 2016.
Naracoopa has 127 properties. Over the last 5 years, Houses in Naracoopa have seen a 56.98% increase in median value. As at 30 September 2024:
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