OFF MARKET

80 Charles Street
Iluka NSW 2466

Bedrooms: 7
Bathrooms: 4
Car spaces: 4
Floor area: 800m2
Land area: 812m2
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Last updated 11 Nov 2024
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Property Details for 80 Charles St, Iluka

80 Charles St, Iluka is a 7 bedroom, 4 bathroom House with 4 parking spaces. The property has a land size of 812m2 and floor size of 800m2. While the property is not currently for sale or for rent, it was last sold in November 2019.

Building Type
House
Floor Size
800m2
Land Size
812m2
Local Government
Clarence Valley
Lot/Plan
5/DP237608

Last Listing description (January 2020)

As the highway upgrade gains momentum properties are in high demand, and after its done and the trucks have gone, the traffic floodgates to Iluka will be open. This property is ideally situated at the preferred end of town, just a short walk to beach, bay and national park. This together with the proposed redevelopment of the Hotel ensures occupancy, returns and capital growth.

Investors or those looking for a new home with an added easy income stream, look no further. Property comprises 4 units, 2 of which are accessed from Charles St and 2 from Queen Lane. Providing a combined gross return of $55,640 and with Medium Density land zoning attached, a strata title is certainly an added option.

- Two near new 2 bedroom units, 1 bath, 1 carport
- One spacious 2 bedroom unit, 1 bath, 2 garages, with views of the Bay
- One ground floor 1 bedsit unit, 1 bath
- 2 street frontage
- Premier location

Location and income, in the never to be repeated holiday village of Iluka!

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Property History for 80 Charles St, Iluka, NSW 2466

A timeline of how this property has performed in the market
Last Sold
$930,000
19 Nov 2019
  • 19 Nov 2019
    Sold for $930,000
  • 21 Dec 2017
    Listed for Sale $1,175,000
  • 15 Jan 2011
    Sold for $590,000
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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 1,660 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.
There are currently 53 properties listed for sale, and 3 properties listed for rent in Iluka on OnTheHouse. According to CoreLogic's data, 75 properties were sold in the past 12 months in Iluka.

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