29a Silky Oak Dr, Caves Beach is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2011. The property has a land size of 1441m2 and floor size of 220m2. While the property is not currently for sale or for rent, it was last sold in December 2011.
Price Slashed To Well Below Construction Cost By Owners Who Want This Never Lived, In Brand New Home With Great VIews So
Considering the last 3 homes I've sold in this estate have sold for $740,000, $722,000 & $705,000 & every one of them has been second hand & between 7 to 14 years old, this brand new home represents excellent buying & is now selling below replacement cost with the owners after a quick sale rather than a big profit, especially considering this is a quality built Montgomery Home
I sold this beautiful block of land to them & they set about building their dream home here. Before construction was even complete a forced work transfer has seen the owners have to re-locate interstate. Part way through construction they had little choice but to finish the project, knowing full well they would never get to enjoy the end result.
The size of Caves Beach is approximately 2.6 square kilometres. There are 7 parks, covering nearly 27.4% of the total area. The population of Caves Beach in 2016 was 4054 people. By 2021 the population was 4016 showing a population decline of 0.9% in the area during that time. The predominant age group in Caves Beach is 60-69 years. Households in Caves Beach are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Caves Beach work in a professional occupation.In 2021, 79.30% of the homes in Caves Beach were owner-occupied compared with 80.40% in 2016.
Caves Beach has 1,979 properties. Over the last 5 years, Houses in Caves Beach have seen a 53.13% increase in median value, while Units have seen a 21.38% increase. As at 30 June 2026:
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