Situated in the sought after coastal pocket of Surf Beach, on a large 871 sqm approx cleared corner allotment, fenced on two sides, this truly is the perfect investment opportunity. Ripe for development - with potential for subdivision (STCA) or a fantastic plot to build your dream beach house!
Perfectly located within 400m approximately from the Esplanade and the picturesque, rugged coastline of Surf Beach. A short stroll along the boardwalk, you will arrive at the beautiful sandy stretches of Surfies Point. One of the most popular surf breaks on the Island.
The size of Surf Beach is approximately 2.9 square kilometres. It has 1 park covering nearly 11.8% of total area. The population of Surf Beach in 2011 was 696 people. By 2016 the population was 527 showing a population decline of 24.3% in the area during that time. The predominant age group in Surf Beach is 60-69 years. Households in Surf Beach are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Surf Beach work in a trades occupation. In 2011, 71.9% of the homes in Surf Beach were owner-occupied compared with 77% in 2016.
Surf Beach has 922 properties. Over the last 5 years, Houses in Surf Beach have seen a 54.39% increase in median value, while Units have seen a 61.46% increase. As at 31 October 2024:
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