1 Austral St, Malabar is a 5 bedroom, 2 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 445m2 and floor size of 275m2. While the property is not currently for sale or for rent, it was last sold in December 1995.
A stroll to the beach and occupying a premier corner position with rare tri-street frontage, this classic weatherboard home is a family offering of undeniable appeal. Flowing over three levels and liveable as is, there is incredible potential to refurbish throughout or develop, subject of course to the appropriate council approval.
Features include:
* Premier site for a duplex or townhouse development, subject to council approval
The size of Malabar is approximately 3.7 square kilometres. It has 10 parks covering nearly 13.2% of total area. The population of Malabar in 2011 was 4,936 people. By 2016 the population was 5,433 showing a population growth of 10.1% in the area during that time. The predominant age group in Malabar is 40-49 years. Households in Malabar are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Malabar work in a professional occupation. In 2011, 60.2% of the homes in Malabar were owner-occupied compared with 62.5% in 2016.
Malabar has 1,463 properties. Over the last 5 years, Houses in Malabar have seen a 72.83% increase in median value, while Units have seen a 38.28% increase. As at 31 October 2024:
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