OFF MARKET

41 Ocean Reach
Cape Woolamai VIC 3925

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 73m2
Land area: 514m2
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Property Details for 41 Ocean Rch, Cape Woolamai

41 Ocean Rch, Cape Woolamai is a 2 bedroom, 1 bathroom House and was built in 1995. The property has a land size of 514m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last transferred in July 2020.

Building Type
House
Year Built
1995
Floor Size
73m2
Land Size
514m2
Local Government
Bass Coast
Lot/Plan
240/LP53098

Last Listing description (May 2010)

ON THE ISLAND!!
WHAT GREAT OPTIONS AND OPPORTUNITIES ARE OFFERED AT THIS LEAFY ADDRESS CLOSE TO CAPE WOOLAMAI'S SHOPPING PRECINCT AND SURF BEACHES. THE NORTH FACING CEDAR HOME WITH ONE BEDROOM, LARGE OPEN PLAN KITCHEN AND DINING, WITH A LARGE SPLIT SYSTEM AIR CON, HAS ACCESS VIA SLIDING DOORS TO THE REAR DECK AND OPEN BACK YARD. WITH THE HOUSE WELL POSITIONED TOWARDS THE FRONT OF THE APPROX 513 SQM BLOCK, IT IS RIPE FOR EXTENDING FOR THE LARGER FAMILY OR JUST PERFECT FOR THE RETIRED COUPLE. IT'S A GREAT FIRST HOME OR INVESTMENT OPPORTUNITY FOR THE ASTUTE BUYER.

Property History for 41 Ocean Rch, Cape Woolamai, VIC 3925

A timeline of how this property has performed in the market
Last Transferred
24 Jul 2020
  • 24 Jul 2020
    Transferred
  • 05 Feb 2018
    Transferred
  • 04 Apr 2011
    Sold for $235,000
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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 2 properties listed for rent in Cape woolamai on OnTheHouse. According to CoreLogic's data, 54 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.