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Sold on 29 Apr 2024 for $550,000

35 Surfers Drive
Cape Woolamai VIC 3925

Bedrooms: -
Bathrooms: -
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Property Details for 35 Surfers Dr, Cape Woolamai

Building Type
Land
Local Government
Bass Coast
Lot/Plan
613/LP53099

Last Listing description (April 2024)

Nestled in the heart of Phillip Island, within easy walking distance to the highly sought-after Woolamai Surf Beach, this 595 square meter block of land presents a rare and exciting opportunity for beach lovers, investors, and dream home builders alike. Offering a unique blend of coastal charm and convenience, this parcel of land promises an idyllic lifestyle surrounded by natural beauty and the thrilling energy of the surf.

Beyond its proximity to the beach, this property is conveniently located near a variety of amenities, including:
· Local shops and cafes in Woolamai Village.

· Primary schools and childcare facilities.
· Nature reserves and walking trails.
· The iconic San Remo Bridge connecting Phillip Island to the mainland.
· The famous Phillip Island Grand Prix Circuit
This is a rare chance to secure the coastal lifestyle, create your dream home, and enjoy all that Phillip Island has to offer. Don't miss out on this prime beachside opportunity – inquire today and make your coastal dreams a reality.

Property History for 35 Surfers Dr, Cape Woolamai, VIC 3925

A timeline of how this property has performed in the market
Last Sold
$550,000
29 Apr 2024
  • 29 Apr 2024
    Sold for $550,000
  • 06 Oct 2023
    Listed for Sale Not Disclosed
  • 29 Sep 2021
    Sold for $1,210,000

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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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Jenni Kent
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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.