{"id":39897,"date":"2021-04-29T01:55:41","date_gmt":"2021-04-28T14:55:41","guid":{"rendered":"https:\/\/timesnewsgroup.com.au\/bellarinetimes\/?p=39897"},"modified":"2021-04-29T01:55:41","modified_gmt":"2021-04-28T14:55:41","slug":"town-by-town-snapshot-indented-head-3","status":"publish","type":"post","link":"https:\/\/timesnewsgroup.com.au\/bellarinetimes\/news\/town-by-town-snapshot-indented-head-3\/","title":{"rendered":"Town by town snapshot: Indented Head"},"content":{"rendered":"

The size of Indented Head is approximately 4.1 square kilometres and has 4 parks covering nearly 6.2% of total area.<\/p>\n

The population of Indented Head in 2011 was 920 people and by the 2016 Census the population was 1,127 showing a population growth of 22.5% in the area during that time.<\/p>\n

\"\"
This 4 bedroom Indented Head home built in 2010 sold recently for $650,000.<\/figcaption><\/figure>\n

 <\/p>\n

This Bellarine Peninsular settlement has been a standout performer for those who have owned property for some time as values have increased by over 60% in the last five years.<\/p>\n

Indented Head was named by Captain Matthew Flinders when exploring Port Phillip Bay in the ship \u2018Investigator\u2019 (1802).<\/p>\n

Landing on the east side of the bay he ascended Arthurs Seat and observed on the opposite side of the bay the Bellarine Peninsula with the indented coastline which he named Indented Head.<\/p>\n

The place was again noted in 1803 when Lieutenant Tuckey explored the bay.<\/p>\n

He was a member of the contingent which unsuccessfully settled at Sorrento (It was from this contingent that the convict, William Buckley, absconded, and he crossed to the Bellarine Peninsula).<\/p>\n

Until the 1850\u2019s several pastoralists occupied the Indented Head area and a Road Board for the Portarlington district was enlarged eastwards on 29 October 1860 and renamed the Indented Head Road District with an area that held about 3300 people.<\/p>\n

CoreLogic data indicates that the predominant age group in Indented Head is 60-69 years with households in Indented Head being primarily childless couples and are likely to be repaying $1,400 \u2013 $1,799 per month on mortgage repayments, and in general, people in Indented Head work in a professional occupation<\/p>\n

In 2011, 72.1% of the homes in Indented Head were owner-occupied compared with 73% in 2016.<\/p>\n

AGENT PERSPECTIVE:
\n\u201cIndented Head is \u201cThe Hidden Gem\u201d of the Bellarine boasting pristine beaches with views across to the city and the Mornington Peninsula provide the ultimate location for retirement or holiday getaway.
\n\u201cAlbeit limited in supply, Indented Head has something to suit every buyer, Esplanade front, established beach houses, new estates, and lifestyle acreage properties.
\n\u201cHeading into winter, we have seen the market in Indented Head continue to trend north, buyer demand exceeding supply.
\n\u201cSome of the more recent outstanding results include:44-48 Glenrana Drive $1,325,000: 254 The Esplanade $1,725,000: 208 The Esplanade Vacant Land Sold at Auction $991,000 and 15 Seacombe Way Vacant Land $325,000.
\n\u201cWith limited stocks, properties in Indented Head are highly sought after, we have buyers looking for all types of property especially lifestyle\/acreage properties and blocks around 600m2 in the older parts of the town.\u201d
\nTrevor McManus \u2013 Neville Richards Real Estate<\/p>\n

TIDBIT:<\/strong>
\nThe \u2018Ozone\u2019 steel paddle steamer was sunk as a breakwater in 1925<\/p>\n

Population: 1,127
\nMale: 48.5%
\nFemale: 51.5%
\nMedian age: 56
\n5 year population change: 22.5%
\nMedian house price: $783,000
\nChange in Median Price: (5yrs) is 62.5%
\nMedian asking rent per week: $440
\nAverage length of ownership: 15 years
\nOwner occupiers: 78%
\nRenters: 22%<\/p>\n

Historic median house price:<\/strong>
\nJanuary 2021: $705,000
\nJanuary 2020: $637,000
\nJanuary 2019: $624,000
\nJanuary 2018: $566,000
\nJanuary 2017: $460,000<\/p>\n

House sales per annum:<\/strong>
\nPeriod ending January 2021: 37
\nPeriod ending January 2020: 36<\/p>\n

Land median sale price:<\/strong>
\nJanuary 2021: $315,000
\nJanuary 2020: $305,000<\/p>\n

Land sales per annum:<\/strong>
\nPeriod ending January 2021: 10
\nPeriod ending January 2020: 7<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

The size of Indented Head is approximately 4.1 square kilometres and has 4 parks covering nearly 6.2% of total area. The population of Indented Head in 2011 was 920 people and by the 2016 Census the population was 1,127 showing a population growth of 22.5% in the area during that time.   This Bellarine Peninsular […]<\/p>\n

Read More…<\/a><\/p>\n","protected":false},"author":153,"featured_media":39898,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[7,19],"tags":[],"post_folder":[],"class_list":["post-39897","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-real-estate"],"acf":[],"yoast_head":"\nTown by town snapshot: Indented Head - Bellarine Times<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/timesnewsgroup.com.au\/bellarinetimes\/news\/town-by-town-snapshot-indented-head-3\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Town by town snapshot: Indented Head - Bellarine Times\" \/>\n<meta property=\"og:description\" content=\"The size of Indented Head is approximately 4.1 square kilometres and has 4 parks covering nearly 6.2% of total area. 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