3/31 West Coast Dr, Watermans Bay is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1968. While the property is not currently for sale or for rent, it was last sold in March 2024.
What we loveNestled along the picturesque Watermans Bay coastline, this promising one-bedroom one-bathroom ground floor apartment offers an incredible opportunity for those seeking an affordable slice of paradise. Priced in the mid-to-high $300,000's, this hidden gem presents itself as both a great investment prospect and an exciting renovation project, waiting to be transformed into a stylish coastal retreat. With its prime location and abundant potential, this seaside gem promises the perfect blend of affordability and practicality, inviting you to embrace a lifestyle of sun, surf and relaxation.What to knowThe open-plan living, dining and kitchen area will be your main hub and currently boasts electric cooking appliances. A shower, toilet and powder vanity make up the bathroom, whilst the separate bedroom adds some privacy to the floor plan. This established corner complex also offers parking and separate laundry facilities to its residents.The Little Bay across the street is everyone's favourite coffee and lunch spot, with beautiful Watermans Bay Beach itself only metres away from your front door. Marmion Primary School, Marmion Village Shopping Centre and the lush Braden Park also within easy strolling distance, as are picturesque "Class A" Star Swamp Bushland Reserve walking trails and the likes of more cafes and restaurants along the vibrant Flora Terrace strip. Sacred Heart College, community sporting facilities, major shopping centres, golf courses, the freeway, Warwick Train Station and the magnificent Hillarys Boat Harbour are all very much nearby and within arm's reach, too. Hear the sounds of the waves crashing against the shore, as you indulge in the chance to secure your seaside future at an unbeatable price point.Who to talk toTo find out more about this property, you can contact agent Oliver Hess on 0478 844 311 or by email at hughesgroup@realmark.com.au.Main features- "Renovator's dream" of a 1x1 apartment (36sqm approx.)- Established corner coastal complex- Open-plan living/dining/kitchen area- Separate bedroom- Separate bathroom- Communal laundry facility- Complex parking- Ideal investment property also- Amazing location, across from The Little Bay and the Indian OceanStrata Fees - $619.25 per quarter (Admin $2,176.60 pa Reserve Fund $558 pa)
The size of Watermans Bay is approximately 1.2 square kilometres. There are 5 parks, covering nearly 55.6% of the total area. The population of Watermans Bay in 2016 was 1281 people. By 2021 the population was 1369 showing a population growth of 6.9% in the area during that time. The predominant age group in Watermans Bay is 60-69 years. Households in Watermans Bay are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Watermans Bay work in a professional occupation.In 2021, 77.20% of the homes in Watermans Bay were owner-occupied compared with 68.10% in 2016.
Watermans Bay has 742 properties. Over the last 5 years, Houses in Watermans Bay have seen a 117.49% increase in median value, while Units have seen a 55.82% increase. As at 31 July 2026:
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