23 Fairlands Rd, Mallabula is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1990. The property has a land size of 784m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in September 2007.
Great Start
Neat brick & tile home on level fully fenced block (779 square metres) stroll to popular foreshore reserve, local swimming pool & water. Features entry, central lounge room, kitchen with dining area, laundry, bathroom, 3 bedrooms & single lock - up garage. The property also enjoys access to the back yard which should suit the boat or caravan owner or those looking to additional garaging later on (subject to Council approval). This presents as a great opportunity for the first home owner or first-time investor looking for 'bricks & mortar' at the 'lower end' of the property market.
The size of Mallabula is approximately 2.7 square kilometres. It has 9 parks covering nearly 16.5% of total area. The population of Mallabula in 2011 was 850 people. By 2016 the population was 928 showing a population growth of 9.2% in the area during that time. The predominant age group in Mallabula is 50-59 years. Households in Mallabula are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Mallabula work in a trades occupation. In 2011, 68.8% of the homes in Mallabula were owner-occupied compared with 71.1% in 2016.
Mallabula has 504 properties. Over the last 5 years, Houses in Mallabula have seen a 68.20% increase in median value, while Units have seen a 41.57% increase. As at 31 July 2024:
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