FOR SALE
$1,075,000

5/2 Spenser Street
Iluka NSW 2466

Bedrooms: 2
Bathrooms: 1
Car spaces: 3
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Unrivalled Water Views for Holiday or Home

Introducing Camawood 5, a true gem and a rare opportunity in Iluka's vibrant real estate scene. Iluka is on the map, drawing the attention of tourists and investors alike, and it's no wonder given its enchanting natural surroundings and the majestic Clarence River. Perched above it all are the renowned Camawood Apartments, where you'll enjoy the unrivalled panoramic views. The complex offers a communal pool, a BBQ area, and a private jetty for your leisure, entertainment, and fishing pleasure. With a robust strata fund and an exclusive market, opportunities like this do not come around often.
Nestled within the complex is Camawood 5, a spacious 2-bedroom apartment boasting a large bathroom, a generous living space, and the convenience of three parking spaces. Currently operating successfully as a holiday property, this apartment ensures an immediate return on your investment or the chance to relish low-maintenance living. Don't miss your chance to own a slice of Iluka paradise; you never know when the next one will come your way.
- 2 bed, 1 bath, 3 car spaces
- Amazing River views from balcony
- Complex features pool, BBQ area and private jetty
- Strata fund is extremely healthy
- Great holiday investment, or low maintenance living opportunity
- Detailed financials available on request
Private inspections are available 7 days a week for qualified buyers giving 24 hours' notice providing the apartment is not booked for holiday usage.

Property Details for 5/2 Spenser St, Iluka

5/2 Spenser St, Iluka is a 2 bedroom, 1 bathroom Unit with 3 parking spaces. The place is currently for sale with LJ Hooker Iluka.

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About Iluka 2466

The size of Iluka is approximately 12.8 square kilometres. It has 9 parks covering nearly 51.3% of total area. The population of Iluka in 2011 was 1,702 people. By 2016 the population was 1,700 showing a population decline of 0.1% in the area during that time. The predominant age group in Iluka is 60-69 years. Households in Iluka are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Iluka work in a labourer occupation. In 2011, 62% of the homes in Iluka were owner-occupied compared with 65.5% in 2016.

Iluka has 1,661 properties. Over the last 5 years, Houses in Iluka have seen a 94.32% increase in median value, while Units have seen a 60.72% increase. As at 30 September 2024:

  • The median value for Houses in Iluka is $861,139 while the median value for Units is $549,445.
  • Houses have a median rent of $480 while Units have a median rent of $420.
There are currently 52 properties listed for sale, and 7 properties listed for rent in Iluka on OnTheHouse. According to CoreLogic's data, 74 properties were sold in the past 12 months in Iluka.

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Nick Potente
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LJ Hooker Iluka
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