OFF MARKET

5 Margate Street
Barwon Heads VIC 3227

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Floor area: 164m2
Land area: 740m2
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Property Details for 5 Margate St, Barwon Heads

5 Margate St, Barwon Heads is a 4 bedroom, 2 bathroom House. The property has a land size of 740m2 and floor size of 164m2.

Building Type
House
Floor Size
164m2
Land Size
740m2
Local Government
Greater Geelong
Lot/Plan
8~3/LP3084

Last Listing description (June 2023)

The Feel:
Located within a stone’s throw of the Barwon Heads foreshore and vibrant village action, this original family home presents an exceedingly rare opportunity to secure the ultimate seaside lifestyle in a highly sought-after but tightly held position. This superb package offers an array of exciting possibilities for holiday makers, forward-thinking investors, or astute developers to capitalise on a prized 736sqm (approx.) landholding with impressive 20.1m frontage (STCA). With pristine beaches as your playground and a celebrated café culture on your doorstep, this wonderfully versatile option is set to inspire your coastal dream.

The Facts:

-Exclusive opportunity in one of Barwon Heads’ most prized locations, close to the vibrant village centre (150m) and Barwon River foreshore (200m)
-A ‘generational property’ with elite positioning at the desirable Colite Street end of Margate Street – highly sought-after but rarely offered
-A sprawling 736sqm (approx.) site offers remarkable potential for investment, renewal, or a comprehensive redevelopment (STCA) – bring your architect & your imagination
-Comfortable as-is, an existing residence offers immediate accommodation or rental potential while you plan your showpiece coastal home befitting this sensational location
-Single level layout comprises 4-bedrooms, 2-bathrooms & open plan living zone
-Split-system heating & cooling + wood burning fire enhance seasonal comfort
-A separate outdoor storage space with water and power connected offers potential to renovate for further accommodation
-20.1m (approx.) street frontage & a residential growth zone also encourages high density development
-Capitalise on the site’s privacy aspects from its north and west boundaries – an exceedingly rare feature in an inner-village setting
-East to west orientation caters to sun-soaked indoor-outdoor living
-Walk directly down Ozone Road to access family-friendly swimming & leisure activities
-Mere moments to top-level surf beaches & golf courses
-Kids can walk or ride to the community sporting facilities of the 54-acre Village Park (550m), and the popular local primary school (800m)
-An outstanding coastal opportunity in the heart of a vibrant and in-demand beachside community

The Owner Loves….
“We have loved raising our family in this welcoming and friendly community. Being central in town makes it even easier to be involved with local sporting teams and is only a short walk to the waters edge by the river, the moonah trees at 54 acres or the primary school just around the corner”.

*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 inquiries 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 Margate St, Barwon Heads, VIC 3227

A timeline of how this property has performed in the market
  • 25 Jan 2023
    Listed for Sale $2,790,000-$2,990,000
  • 29 Apr 2000
    Listed for Sale Not Disclosed

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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.
There are currently 44 properties listed for sale, and 1 property listed for rent in Barwon heads on OnTheHouse. According to CoreLogic's data, 66 properties were sold in the past 12 months in Barwon heads.

Suburb Insights for Barwon Heads 3227

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.