Fronting The Esplanade
In three adjoining titles and totaling approximately 14,480 square metres is this land allotment being offered on behalf of Mobil Australia. The area was used for above ground storage of bulk fuel for the island and has since been remediated and is now available for sale.
This property is in an excellent location with frontage to The Esplanade and the Crown Reserve, is well sheltered from the islands prevailing weather being in the lee of Fraser Bluff and has a northerly aspect with great ocean views with the iconic Naracoopa jetty across the Esplanade. It is mainly flat and grassed. Zoning is Port & Marine.
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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