7 Lialeeta Rd, Fairhaven is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1973. The property has a land size of 1330m2 and floor size of 186m2. While the property is not currently for sale or for rent, it was last sold in October 2018.
Offers required by 22 October 2018
This opportunity is a classic case of securing a great position with a modest house that can be used now, but with a plan to build your dream home in the future. The view, substantial size of the land (1330sqm app) and immediate access to the beach all warrant the investment now. This scenario is far superior than just buying vacant land that cannot be utilised until a new residence has been built. This allows you to dictate your time frames but still have a classic older 4BR beach house to use in the meantime. The residence has a great 1960 s coastal retro vibe about it and of course, enjoys that amazing outlook toward the Split Point Lighthouse. Access to the beach and Surf Club is very direct via Flax Lily Lane opposite the property. You can also comfortably stroll to cafes and shops in Aireys Inlet, which is basically a flat walk. Facing east, the property is sheltered from the cooler onshore southerly winds when they blow and captures all the morning and early afternoon sun, avoiding the harsh late afternoon sun. A great opportunity for those looking for a staged investment strategy to upsize on the coast while downsizing in the city.
The size of Fairhaven is approximately 5.2 square kilometres. It has 2 parks covering nearly 41.2% of total area. The population of Fairhaven in 2011 was 354 people. By 2016 the population was 276 showing a population decline of 22.0% in the area during that time. The predominant age group in Fairhaven is 50-59 years. Households in Fairhaven are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Fairhaven work in a professional occupation. In 2011, 85.8% of the homes in Fairhaven were owner-occupied compared with 83.5% in 2016.
Fairhaven has 596 properties. Over the last 5 years, Houses in Fairhaven have seen a 56.32% increase in median value, while Units have seen a 177.95% increase. As at 31 October 2024:
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