This is a unique opportunity to purchase a very large level block of 1613 m2 approx. One of few blocks left at Pioneer Bay and by far the biggest! It would be ideal for a developer if sub divided into 3 town blocks subject to council approval or perhaps you would like to build a large permanent home with plenty of space. This block was consolidated into one large lot but (stca) you could subdivide again if you are after an investment in land. This coastal township is within commuting distance of major towns, and a V-Line bus on the highway for a 20 min trip to all the pleasures that Phillip Island has to offer and Melbourne is a leisurely 1 hour drive on the dual highway.
The size of Pioneer Bay is approximately 0.2 square kilometres. It has 1 park covering nearly 9% of total area. The population of Pioneer Bay in 2011 was 335 people. By 2016 the population was 336 showing a population growth of 0.3% in the area during that time. The predominant age group in Pioneer Bay is 60-69 years. Households in Pioneer Bay are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Pioneer Bay work in a labourer occupation. In 2011, 64.9% of the homes in Pioneer Bay were owner-occupied compared with 65.9% in 2016.
Pioneer Bay has 229 properties. Over the last 5 years, Houses in Pioneer Bay have seen a 40.10% increase in median value, while Units have seen a 441.54% increase. As at 31 October 2024:
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