58 Riverview StreetIluka NSW 2466
Property Details for 58 Riverview St, Iluka
58 Riverview St, Iluka is a 3 bedroom, 1 bathroom House. The property has a land size of 1012m2. While the property is not currently for sale or for rent, it was last sold in September 2023.
Last Listing description (May 2024)
Iluka has become a sought-after destination, and for excellent reasons. It boasts one of the most coveted coastal lifestyles you can dream of. With a growing demand for older, more affordable homes that can be transformed to match your vision, opportunities like this are becoming scarce in town, making this offer even more enticing.
Nestled on an expansive 1,012 sqm parcel of land, this property offers ample space for storage now and potential expansions in the future. While the home itself has seen better days, the current owner, due to health reasons, hasn't been able to maintain it. You have the chance to reimagine the existing structure through renovation or start afresh with a brand-new build. Moreover, the generous land size could even permit subdivision, pending council approval.
Undoubtedly, this project presents a significant undertaking, but the potential rewards are immense. With a substantial block, a prime location, and existing infrastructure (including power, water, and sewerage), the groundwork is already laid for your dream transformation. If you're seeking a project that truly allows you to unleash your creativity, this could be the one. Contact LJ Hooker Iluka today for more details..
Property History for 58 Riverview St, Iluka, NSW 2466
- 21 Sep 2023Sold for $557,000
- 06 Sep 2023Listed for Sale Under Offer
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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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