This corner block has just been waiting to hit the market, and be the new address for owners, looking for a block that has a lot to offer. You can start from scratch, and build to whatever configuration suits your needs. Possibly a pole home to enhance the views, storage for the boat underneath, or maybe just single storey that, also, would have views, and no stairs. Good thing about a vacant lot! Or, just a shed for a start, and build when the budget is finalised. Something to work towards, but good part is, you have the land in a great position, with views.
Penny Lane has very few vacant blocks available for sale, and this one is in a perfect position. It sits opposite a large Council reserve, which enjoys a continual parade of kangaroos and emus, munching on the local vegetation. Sloping gently away from Pine Crescent, a home would offer views into the jetty and Kellidie Bay. All services are available and power is underground, so no pesky power lines in your line of sight. Measuring 935m2, and being a corner block, there's plenty of space for a home, and shed, with a choice of access for the buildings.
As the crow flies, the block is only about 200 meters to the water's edge, the Oyster Walk, and 1802 Restaurant. Surrounded by established homes, and with the broad aspect to the open reserve, this is a great location, and exceptionally good value at $125,000. Come and check it out, and, I guarantee, you'll just love this block. Give Mike a call on 0428 854 020 and make it yours.
The size of Coffin Bay is approximately 360.9 square kilometres. It has 14 parks covering nearly 86.5% of total area. The population of Coffin Bay in 2016 was 611 people. By 2021 the population was 664 showing a population growth of 8.7% in the area during that time. The predominant age group in Coffin Bay is 60-69 years. Households in Coffin Bay are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Coffin Bay work in a managers occupation.In 2021, 73.90% of the homes in Coffin Bay were owner-occupied compared with 79.50% in 2016.
Coffin Bay has 1,042 properties. Over the last 5 years, Houses in Coffin Bay have seen a 84.22% increase in median value, while Units have seen a 0.03% increase. As at 31 December 2025:
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