OFF MARKET

50B Melaleuca Drive
Byron Bay NSW 2481

Bedrooms: 5
Bathrooms: 5
Car spaces: 10
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Last updated 16 Dec 2024
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Property Details for 50b Melaleuca Dr, Byron Bay

50b Melaleuca Dr, Byron Bay is a 5 bedroom, 5 bathroom House with 10 parking spaces.

Building Type
House
Local Government
Byron

Last Listing description (April 2023)

Grab this opportunity to live and work in Byron Bay.

Renovations just finalised and a brand new kitchen installed. A spacious laundry and additional pantry offer ample storage. The living room has high ceilings, features plenty of space and a combustion stove.
All bedrooms have ensuite bathrooms, reverse cycle air conditioning and ceiling fans. Tropical gardens surround this home and plenty of on-site car parking available!

The main residence features three bedrooms over two levels. The two garden rooms on the side, each with own entrance, are permitted to be rented out for short-term accommodation. The building was run as an official and successful B&B for more than 20 years.

Please note only the 2 garden bedroom are permitted to be short term let and applicants for the property must live onsite in the main residence.

Features:

- 5 bedrooms in total, all with ensuite bathrooms

- New kitchen

- Airconditioning in all bedrooms

- Main house - 3 bed 3 bath

- 2 Garden rooms with ensuites approved for short term let.

- Off-street car parking

- Garden Maintenance included

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Property History for 50b Melaleuca Dr, Byron Bay, NSW 2481

A timeline of how this property has performed in the market
Listed for Rent
$1.50k/w
09 Mar 2021
  • 23 Mar 2023
    Listed for Rent $1,850 / week

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About Byron Bay 2481

The size of Byron Bay is approximately 19.8 square kilometres. It has 13 parks covering nearly 25.3% of total area. The population of Byron Bay in 2011 was 4,958 people. By 2016 the population was 5,517 showing a population growth of 11.3% in the area during that time. The predominant age group in Byron Bay is 20-29 years. Households in Byron Bay are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Byron Bay work in a professional occupation. In 2011, 53.8% of the homes in Byron Bay were owner-occupied compared with 57.3% in 2016.

Byron Bay has 6,012 properties. Over the last 5 years, Houses in Byron Bay have seen a 70.78% increase in median value, while Units have seen a 30.66% increase. As at 30 November 2024:

  • The median value for Houses in Byron Bay is $2,477,387 while the median value for Units is $1,193,051.
  • Houses have a median rent of $995 while Units have a median rent of $890.
There are currently 33 properties listed for sale, and 18 properties listed for rent in Byron bay on OnTheHouse. According to CoreLogic's data, 219 properties were sold in the past 12 months in Byron bay.

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