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11 The Parkway
Mallabula NSW 2319

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 619m2
Land area: 1462m2
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"DA approved for another 3 houses set on 1,462sqm"

Port Stephens is a vast growing area, popular to the retire/tourist/young families…this opportunity awaits for you to increase your property portfolio in a fast real estate area.
* The existing 3 bedroom home is currently tenanted
* Attached existing plans for the three dwellings by Valley Homes
* Just 100 meters from the water's edge, sandy beaches & BBQ areas
* Land size 1,462sqm in a quiet bush nature reserve area
* DA approved for 3 Torrens title homes + existing 3-bedroom home
* Level building site with side access
* Close to local park and shopping arcade
Prime opportunity awaits to secure this existing 3-bedroom home with a DA approval to build another two 3-bedroom homes and another 4 bedroom house. That's another three homes, with a income from four houses…..
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Property Details for 11 The Parkway, Mallabula

11 The Parkway, Mallabula is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 1462m2 and floor size of 619m2. The place is currently for sale with Raine & Horne Newcastle.

Building Type
House
Floor Size
619m2
Land Size
1462m2

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About Mallabula 2319

The size of Mallabula is approximately 2.7 square kilometres. It has 9 parks covering nearly 16.5% of total area. The population of Mallabula in 2011 was 850 people. By 2016 the population was 928 showing a population growth of 9.2% in the area during that time. The predominant age group in Mallabula is 50-59 years. Households in Mallabula are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Mallabula work in a trades occupation. In 2011, 68.8% of the homes in Mallabula were owner-occupied compared with 71.1% in 2016.

Mallabula has 506 properties. Over the last 5 years, Houses in Mallabula have seen a 54.09% increase in median value, while Units have seen a 48.19% increase. As at 31 October 2024:

  • The median value for Houses in Mallabula is $654,982 while the median value for Units is $454,254.
  • Houses have a median rent of $588 while Units have a median rent of $300.
There are currently 10 properties listed for sale, and 1 property listed for rent in Mallabula on OnTheHouse. According to CoreLogic's data, 23 properties were sold in the past 12 months in Mallabula.

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Suburb Insights for Mallabula 2319

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Tania Micallef
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Raine & Horne Newcastle
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