Town snapshot – Indented Head

The size of Indented Head is about 4.1sqkm and has six parks covering nearly 8.3 per cent of total area.

The population of Indented Head in 2016 was 1,127 and by the 2021 Census the population was recorded at 1,391 showing a population growth of 24 per cent in the area during that time.

This Bellarine Peninsular hamlet has been a star performer for those who have owned property for some time as values have increased by around 44 per cent in the last five years.

Indented Head was named by Captain Matthew Flinders when exploring Port Phillip Bay in the ship Investigator (1802).

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.

The place was again noted in 1803 when Lieutenant Tuckey explored the bay.

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).

Until the 1850s, 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.

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 on average $1,733 per month on mortgage repayments, and in general, people in Indented Head work in a professional occupation.

 

 

AGENT PERSPECTIVE:

“Indented Head is a coastal village that offers a serene and idyllic lifestyle.

“The charming community is blessed with pristine beaches and a relaxed atmosphere, making it a sought-after holiday destination that is increasingly becoming a permanent haven for sea-changers and those seeking a semi-retirement escape.

“Indented Head’s real estate market is a treasure trove of opportunities, with a diverse range of properties to suit various preferences and budgets.

“We currently have a couple of great value homes and blocks of land available to secure before the summer Christmas Holidays.

“For those looking for semi-rural coastal escape, we have an amazing one-acre lifestyle properties, there’s something for everyone in this hidden gem.”

Luke Campbell – Neville Richards

TIDBIT:

The Ozone steel paddle steamer was sunk as a breakwater in 1925.

Population: 1,391

Male: 49.6%

Female: 50.4%

Median age: 59

5 year population change: 24%

House median sales price: $866,000

Change in median price: (5yrs) 44.4%

Median asking rent per week: $460

Average length of ownership: 10 years

Owner occupiers: 78%

Renters: 22%

House median value:

July 2024: $877,200

July 2023: $917,500

July 2022: $957,900

July 2021: $845,000

July 2020: $655,300

House sales per annum:

Period ending July 2024: 29

Period ending July 2023: 30

Land median sale price:

July 2024: $495,000

July 2023: $477,500

Land sales per annum:

Period ending July 2024: 1

Period ending July 2023: 4