This slice of Phillip Island is nestled just a short walk from the pristine coastline of Smiths Beach and just a short distance to central Cowes, Newhaven College and the Phillip Island Grand Prix Circuit. It presents an exciting opportunity for your building dream and is sure to generate interest from investors, families or those looking for a coastal project.
Situated on 605sqm (approx.) there is potential for subdivision (STCA) and a two storey build to capture water views. With vacant land becoming a rare commodity in this area and oozing potential the choice is yours as to how you choose to develop this terrific allotment and create something special.
The size of Sunset Strip is approximately 0.4 square kilometres. It has 1 park covering nearly 2.8% of total area. The population of Sunset Strip in 2011 was 339 people. By 2016 the population was 441 showing a population growth of 30.1% in the area during that time. The predominant age group in Sunset Strip is 0-9 years. Households in Sunset Strip are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Sunset Strip work in a trades occupation. In 2011, 69% of the homes in Sunset Strip were owner-occupied compared with 61.7% in 2016.
Sunset Strip has 391 properties. Over the last 5 years, Houses in Sunset Strip have seen a 42.48% increase in median value. As at 30 November 2024:
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