14 Spenser StreetIluka NSW 2466
Property Details for 14 Spenser St, Iluka
14 Spenser St, Iluka is a 3 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 477m2. While the property is not currently for sale or for rent, it was last sold in February 2020.
Last Listing description (April 2020)
This property is located only 150 meters from the Iluka Boatshed, home to the Iluka Ferry service to Yamba and a waterfront cafe. It is a corner block with a single storey 1 bedroom modern unit used as the owners residence connected by a walkway to a 2 storey self contained unit run as a very profitable Airbnb rental. It grossed nearly $18,000 last financial year.
Nothing needs to be spent on this brick and tile building. There are established gardens and a private courtyard for the holiday guests. Other options include 3 bedroom permanent residence, 3 bedroom holiday rental, 3 bedroom permanent rental, 1 bedroom holiday rental and owner live in the 2 bedroom unit. Ideal Iluka lifestyle property with income for life. Inspection won't disappoint.
Property History for 14 Spenser St, Iluka, NSW 2466
- 23 Feb 2020Sold for $595,000
- 17 Dec 2019Listed for Sale $595,000
- 09 Mar 2017Sold for $520,000
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0About 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 1,660 properties. Over the last 5 years, Houses in Iluka have seen a 98.94% increase in median value, while Units have seen a 44.97% increase. As at 31 October 2024:
- The median value for Houses in Iluka is $899,705 while the median value for Units is $490,896.
- Houses have a median rent of $480 while Units have a median rent of $430.
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