SOLD
Sold on 09 Jul 2024 for $550,000

21 Ocean Reach
Cape Woolamai VIC 3925

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 79m2
Land area: 573m2
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Property Details for 21 Ocean Rch, Cape Woolamai

21 Ocean Rch, Cape Woolamai is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1980. The property has a land size of 573m2 and floor size of 79m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom House sold in Cape Woolamai in the last 12 months.

Building Type
House
Year Built
1980
Floor Size
79m2
Land Size
573m2
Local Government
Bass Coast
Lot/Plan
118/LP53098

Last Listing description (August 2024)

Nestled in the heart of Cape Woolamai, mere moments from the lapping waves of both surf and bay beaches, lies 21 Ocean Reach - a coastal gem awaiting the visionary touch of its next owner. This modest single-level home presents a unique opportunity for renovators, first-time buyers, downsizers, couples, and singles looking to craft their dream retreat on a neat plot of approx. 583 square metres.

With two bedrooms, a well-proportioned living & dining room, and a layout that invites imagination, this property is a renovator's delight. Its central location not only places you close to the Cape Woolamai shops for your daily essentials but also within easy access to the charming townships of San Remo and Cowes. Embrace a lifestyle that includes leisurely coastal walks and the simple pleasures of seaside living.

The property has undercover off-street parking and enjoys a sizeable backyard. With Melbourne's CBD just a 90-minute drive away, you can enjoy the serenity of coastal life without being too far from the urban bustle.

21 Ocean Reach offers a canvas on which to paint your future, a sanctuary waiting for your personal stamp. Seize the opportunity to own a slice of this sought-after locale.

Garth Lisle Property Consultants welcome your enquiry.

Property History for 21 Ocean Rch, Cape Woolamai, VIC 3925

A timeline of how this property has performed in the market
Last Sold
$550,000
09 Jul 2024
  • 09 Jul 2024
    Sold for $550,000
  • 19 Jun 2024
    Listed for Sale Not Disclosed
  • 17 Dec 2018
    Sold for $320,000
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About Cape Woolamai 3925

The size of Cape Woolamai is approximately 6 square kilometres. It has 1 park covering nearly 69.5% of total area. The population of Cape Woolamai in 2011 was 1,549 people. By 2016 the population was 1,688 showing a population growth of 9.0% in the area during that time. The predominant age group in Cape Woolamai is 40-49 years. Households in Cape Woolamai are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Cape Woolamai work in a trades occupation. In 2011, 76.8% of the homes in Cape Woolamai were owner-occupied compared with 75.2% in 2016.

Cape Woolamai has 1,985 properties. Over the last 5 years, Houses in Cape Woolamai have seen a 56.72% increase in median value, while Units have seen a 62.02% increase. As at 31 October 2024:

  • The median value for Houses in Cape Woolamai is $748,290 while the median value for Units is $637,061.
  • Houses have a median rent of $465 while Units have a median rent of $320.
There are currently 16 properties listed for sale, and 1 property listed for rent in Cape woolamai on OnTheHouse. According to CoreLogic's data, 51 properties were sold in the past 12 months in Cape woolamai.

Suburb Insights for Cape Woolamai 3925

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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.