Adam,
Welcome, I had the pleasure of playing Kennedy Bay in December 2005 I can honestly say it was the best value golf I've ever played. At that time the clubhouse was still cabins and there were no houses around the course, I assume from the plans that's all changed now?
Mark
Mark,
It is even better value now, they reduced the green fees by 25% when they reopened last year

It has been called the best value golf in Australia. It is certainly the cheapest course to play that ranks in Australias top 20.
The shed is still there, but much improved, and plans to build the "proper" clubhouse are being drawn up. The new owners are actually a building company, which helps.
There are also plans to build another nine holes and make that for the public, and have the existing 18 hole layout as the members course.