5 Colite StreetBarwon Heads VIC 3227
Property Details for 5 Colite St, Barwon Heads
5 Colite St, Barwon Heads is a 3 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 690m2 and floor size of 161m2. While the property is not currently for sale or for rent, it was last sold in February 2022.
Last Listing description (February 2022)
The Feel:
Once in a lifetime an opportunity presents to purchase land in an unparalleled position, which hasn't been for sale in over 50 years. Located on a corner allotment at the junction of Colite, Grandview and Margate streets, unlimited potential exists for a brand-new build or multi-development site on 690sqm (approx). Tucked away behind Hitchcock Ave in a blue-chip precinct, you are only paces away from the river, supermarket, shopping and dining strip, the hotel and golf course. You’ll struggle to find a more central spot to build your dream home or development than this (STCA)!
The Facts:
-Desirable 45.3m2 (approx) north boundary lends itself to passive solar design
-15.2m2 (approx) frontage and rear boundary
-Private, central location to design & build your dream home or multi residences (STCA)
-Exclusive precinct with direct pedestrian access to the Barwon River via Challis Lane
-Magical fishing & sailing spots on your doorstep
-Close to picturesque swimming spots & quality surf breaks
-Set back from main street shopping & dining in blue-chip river precinct
-Truly special opportunity to secure land in one of the Bellarine's most tightly held locales
-Remarkable site oriented to maximise north sunshine & preserve privacy
-Residential High Growth zone in one of the Bellarine's most tightly held locales
What the Owner Loves....
"Set back from the hustle and bustle of the main street, yet accessible to everything that Barwon Heads offers, this remarkable site offers north sunshine and privacy.”
*All information offered by Bellarine Property is provided in good faith. It is derived from sources believed to be accurate and current as at the date of publication and as such Bellarine Property simply pass this information on. Use of such material is at your sole risk. Prospective purchasers are advised to make their own enquiries with respect to the information that is passed on. Bellarine Property will not be liable for any loss resulting from any action or decision by you in reliance on the information.
Property History for 5 Colite St, Barwon Heads, VIC 3227
- 19 Feb 2022Sold for $2,950,000
- 07 Dec 2021Listed for Sale Not Disclosed
- 13 Feb 2019Sold for $450,000
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About Barwon Heads 3227
The size of Barwon Heads is approximately 6.8 square kilometres. It has 13 parks covering nearly 40.4% of total area. The population of Barwon Heads in 2011 was 3,535 people. By 2016 the population was 3,880 showing a population growth of 9.8% in the area during that time. The predominant age group in Barwon Heads is 40-49 years. Households in Barwon Heads are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Barwon Heads work in a professional occupation. In 2011, 74.5% of the homes in Barwon Heads were owner-occupied compared with 78.9% in 2016.
Barwon Heads has 2,698 properties. Over the last 5 years, Houses in Barwon Heads have seen a 36.62% increase in median value, while Units have seen a 20.12% increase. As at 31 October 2024:
- The median value for Houses in Barwon Heads is $1,412,841 while the median value for Units is $808,395.
- Houses have a median rent of $650 while Units have a median rent of $640.
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