56 Fifth St, Wool Bay is a 2 bedroom, bathroom House and was built in 1974. The property has a land size of 700m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in July 2025. There are other 2 bedroom House sold in Wool Bay in the last 12 months.
The size of Wool Bay is approximately 55.9 square kilometres. The population of Wool Bay in 2016 was 138 people. By 2021 the population was 154 showing a population growth of 11.6% in the area during that time. The predominant age group in Wool Bay is 70-79 years. Households in Wool Bay are primarily childless couples and are likely to be repaying $2400 - $2999 per month on mortgage repayments. In general, people in Wool Bay work in a professional occupation.In 2021, 93.70% of the homes in Wool Bay were owner-occupied compared with 85.90% in 2016.
Wool Bay has 288 properties. Over the last 5 years, Houses in Wool Bay have seen a 69.71% increase in median value, while Units have seen a 93.19% increase. As at 31 October 2025:
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