95 Banfield ParadeWongaling Beach QLD 4852
Property Details for 95 Banfield Pde, Wongaling Beach
Last Listing description (July 2020)
Right in the heart of the tourist mecca of Mission Beach, This property is ripe for development. With ocean frontage and views to the magnificent Dunk Island, this tropical paradise is just waiting for your vision.
There are numerous options,
1 Create a super resort, expand existing facilities or even design an upmarket retirement village.
3 Leave as is and enjoy a peaceful, tropical lifestyle.
There is an existing income from a current operator and The Cassowarry Coast Council has just approved plans for extra cottages and van sites.
Location is great, with shopping centre nearby and on the tourist bus route.
This property is just a few minutes by boat to Dunk Island which is about to undergo a massive refurbishment with an initial US$110 million capital raise to support the development of phase one. The first phase includes the 5-star hotel, luxury villas and glamp-site build. Construction will commence in 2019, with an open-for-business projected for 2021. The development is a 3-phased plan to be completed by 2025.
Don't miss this opportunity to get in on the action.
Property History for 95 Banfield Pde, Wongaling Beach, QLD 4852
- 16 Jul 2019Listed for Sale All offers considered
Recent sales nearby
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0About Wongaling Beach 4852
The size of Wongaling Beach is approximately 8.8 square kilometres. There are 4 parks, covering nearly 30.5% of the total area. The population of Wongaling Beach in 2016 was 1245 people. By 2021 the population was 1323 showing a population growth of 6.3% in the area during that time. The predominant age group in Wongaling Beach is 60-69 years. Households in Wongaling Beach are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wongaling Beach work in a labourer occupation.In 2021, 64.00% of the homes in Wongaling Beach were owner-occupied compared with 57.60% in 2016.
Wongaling Beach has 1,109 properties. Over the last 5 years, Houses in Wongaling Beach have seen a 75.82% increase in median value, while Units have seen a 63.83% increase. As at 30 June 2026:
- The median value for Houses in Wongaling Beach is $740,592 while the median value for Units is $392,761.
- Houses have a median rent of $680 while Units have a median rent of $415.
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