OFF MARKET

5 Ocean Reach
Cape Woolamai VIC 3925

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 98m2
Land area: 591m2
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Last updated 16 Sep 2024
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Property Details for 5 Ocean Rch, Cape Woolamai

5 Ocean Rch, Cape Woolamai is a 3 bedroom, 1 bathroom House. The property has a land size of 591m2 and floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in April 2018.

Building Type
House
Floor Size
98m2
Land Size
591m2
Local Government
Bass Coast
Lot/Plan
126/LP53098

Last Listing description (December 2017)

This classic design, well known on Phillip Island for generations, starts with the original carpet and cabinetry. Three bedrooms, one bathroom, laundry and open plan kitchen/dining/ living zone.
The bathroom has been fully renovated and modern. The wood fired combustion heater enhances the environment through the cool winter months and a full length eastern undercover deck is perfect for relaxing and watching the sun rise.
Fully fenced yard with garden shed and clothes line.

A chic home anyone would be proud to own, as much as the current owners who have loved and cared for many years!!!

Property History for 5 Ocean Rch, Cape Woolamai, VIC 3925

A timeline of how this property has performed in the market
Last Sold
$260,000
13 Apr 2018
  • 13 Apr 2018
    Sold for $260,000
  • 02 Nov 2017
    Listed for Sale $304,000
  • 01 Apr 2004
    Sold for $168,000
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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 1,986 properties. Over the last 5 years, Houses in Cape Woolamai have seen a 60.53% increase in median value, while Units have seen a 66.09% increase. As at 31 August 2024:

  • The median value for Houses in Cape Woolamai is $750,798 while the median value for Units is $614,060.
  • Houses have a median rent of $460 while Units have a median rent of $320.
There are currently 14 properties listed for sale, and 1 property listed for rent in Cape woolamai on OnTheHouse. According to CoreLogic's data, 56 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.