1/1 Fairway Cres, Shearwater is a 3 bedroom, 2 bathroom Unit with 1 parking spaces. The property has a land size of 171m2 and floor size of 171m2.
A stylish refurbishment of this spacious unit in the heart of Shearwater offers a unique opportunity for the astute purchaser. A modern concept of warehouse living, the apartment is one of 5 on the upper level of an inconic building in Shearwater village. Whether you are looking for an investment or for a low maintenance home, this bright, light and neat apartment is sure to impress. 2 separate living areas with a brand new central kitchen, 3 large bedrooms, 2 bathrooms, separate laundry and a dining area. The east facing balcony is ideal for a morning coffee and the location of the apartment is central to the shopping area, beach and golf course. Both bathrooms have been refurbished, new flooring of vinyl planks and rich carpets, freshly painted, new light fittings and blinds.This is a strata title property, with one allocated parking bay, overlooks the park area of Sheawater Village and is perfect for a first investment or those with a busy lifestyle. Currently tenanted till 3/3/2021 @ $350 per week
The size of Shearwater is approximately 3.6 square kilometres. It has 8 parks covering nearly 30.5% of total area. The population of Shearwater in 2016 was 1764 people. By 2021 the population was 2051 showing a population growth of 16.3% in the area during that time. The predominant age group in Shearwater is 60-69 years. Households in Shearwater are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Shearwater work in a professional occupation.In 2021, 76.20% of the homes in Shearwater were owner-occupied compared with 68.80% in 2016.
Shearwater has 1,408 properties. Over the last 5 years, Houses in Shearwater have seen a 71.09% increase in median value, while Units have seen a 54.94% increase. As at 30 November 2025:
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