OFF MARKET

3 Ridge Drive
Kennett River VIC 3234

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 546m2
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Property Details for 3 Ridge Dr, Kennett River

Building Type
Land
Land Size
546m2
Local Government
Colac Otway
Lot/Plan
11/LP56866

Last Listing description (November 2020)

Arguably one of the very best ocean and coastscape views on offer in Kennett River.
A gently sloping vacant allotment of approximately 546 sqm in size that is clear of vegetation and has easy vehicle access available when you build.
The view is outstanding and incorporates waves crashing below and a coastline view looking to the back of Wye River point, a quality unimpeded vista!

The block has an easterly orientation providing a perfect alignment to design a solar efficient beach home.
In my opinion, this summer's best vacant land offering in this immediate precinct of the Great Ocean Road.

Property History for 3 Ridge Dr, Kennett River, VIC 3234

A timeline of how this property has performed in the market
Last Sold
$500,000
17 Nov 2020
  • 17 Nov 2020
    Sold for $500,000
  • 02 Nov 2020
    Listed for Sale $525,000

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About Kennett River 3234

The size of Kennett River is approximately 31.4 square kilometres. It has 3 parks covering nearly 130.7% of total area. The population of Kennett River in 2011 was 234 people. By 2016 the population was 40 showing a population decline of 82.9% in the area during that time. The predominant age group in Kennett River is 0-9 years. Households in Kennett River are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Kennett River work in a managers occupation. In 2011, 77.4% of the homes in Kennett River were owner-occupied compared with 42.9% in 2016.

Kennett River has 194 properties. Over the last 5 years, Houses in Kennett River have seen a 58.25% increase in median value. As at 30 September 2024:

  • The median value for Houses in Kennett River is $969,403 while the median value for Units is $348,419.
There are currently no properties listed for sale, and no properties listed for rent in Kennett river on OnTheHouse. According to CoreLogic's data, 1 property were sold in the past 12 months in Kennett river.

Suburb Insights for Kennett River 3234

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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.