5 Channel Hwy, Taroona is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1962. The property has a land size of 835m2 and floor size of 270m2. While the property is not currently for sale or for rent, it was last sold in August 2001.
Outstanding Value, Premium Position
This grand apartment offers everything for the new owner with executive style living at its best. There are elevated sunny views across storm bay, with sophisticated easy care living so much in demand in today's world. A beautiful open plan living area has double glazed windows throughout and is centrally heated. The gourmet kitchen has all day sun and a private balcony with access from the dining area and main bedroom would be great for dining outdoors.
The main bedroom has a complete wall of built-ins and a large tiled ensuite. The second bathroom has a full sized bath and separate shower. A large spacious entry foyer can double as a study area or home office. For privacy and security there is a video screening system and lift access from the undercover carport. With level access from the street this property is perfect for the investor or retiree with no maintenance and is currently leased out.
The size of Taroona is approximately 5.1 square kilometres. It has 7 parks covering nearly 3.2% of total area. The population of Taroona in 2016 was 3070 people. By 2021 the population was 3121 showing a population growth of 1.7% in the area during that time. The predominant age group in Taroona is 50-59 years. Households in Taroona are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Taroona work in a professional occupation.In 2021, 80.80% of the homes in Taroona were owner-occupied compared with 79.90% in 2016.
Taroona has 1,308 properties. Over the last 5 years, Houses in Taroona have seen a 24.39% increase in median value, while Units have seen a 41.77% increase. As at 30 November 2025:
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