55 Austral St, Malabar is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 446m2 and floor size of 245m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom House sold in Malabar in the last 12 months.
Built and lovingly cherished by its current owners for 62 years, this warm and welcoming freestanding coastal home awaits its next chapter. A streamlined modernist design by architect Richard Gailey, the ethos of this 1960's build lives on today in this well designed and immaculately kept home. Designed to wrap around a central garden, the home has been extended at the rear for additional living space and connectivity to a north-east backyard drenched in sunshine. Privately set back from the road in a quaint coastal community loved by families, the home is positioned just metres to Malabar Beach, playgrounds, village necessities, the seaside greens of Randwick Golf Club and Malabar Public School.
? Multiple living areas offer separation and connection
? Kitchen with good storage at the heart of the home
Water Rates: $171.41 per quarter
Council Rates: $632.35 per quarter
Land Size: 430 square meters
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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