FOCUS ON OAK BEACH PROPERTIES
Prime beachfront location and charming accommodation
It’s just a little enclave but Oak Beach punches way beyond its weight.
It has a lot going for it – proximity to both Cairns airport and Port Douglas, exclusivity, privacy and wonderful beach that suggests the epitome of the tropics.
Over the last few years it has been something of a forgotten jewel that is now enjoying a resurgence in activity.
The row of 17 beachfront properties, where a vacant block – most are around 600700 sq m ‒ is now worth at least $500,000, has seen a spate of listings, probably triggered by the sale by Ray White of No 3 Oak Street, for $1.9 million.
The vendors and the buyers were all from Sydney. The new buyers had stayed there on holiday and put in an offer.
“Any of the properties on the beachside are special,” says Ray White Port Douglas chief Alan Crossman.
“Until recently the last property to sell on this side was back in 2010. They are tightly held but also I think owners were waiting for the market to improve.”
He said about half of the beachfront properties are holiday let.
Ray White are selling a double block on the hill side of Oak St which has not been offered for sale ever since the estate was created in the 1990s.
The team at LJ Hooker has recently listed number 6 Oak Street which is on the market for $745,000+. “The home is that of longstanding local owners who raised their family there before running it as a successful holiday home,” LJ Hooker’s Matt Scott said.
“Over the last 12-18 months the LJ Hooker team has also sold established properties and vacant land through Reynolds Road and Nancy Close. Interestingly, the buyers have either been Douglas locals or Cairns residents who are familiar with and appreciate the unique lifestyle offering that the area provides.”
There numerous properties for sale on the hillside, not least a hydroponic farm.
Highest available block at Beach