OFF MARKET

7 Morella Close
Mallabula NSW 2319

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 601m2
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Property Details for 7 Morella Cl, Mallabula

Building Type
Land
Land Size
601m2
Local Government
Port Stephens
Lot/Plan
32/DP547842

Last Listing description (July 2015)

Terrific opportunity in this superbly located gently sloping block of land around the corner from popular picnic grounds; foreshore reserve & water. The 'fan-shaped' site enjoys a frontage of approximately 15.3 metres and a rear boundary of 24.8 metres with side boundaries an average of 31 metres. The site area is in excess of 600 square metres so could well suit a duplex or 'dual occupancy' development (subject to Council approval) or alternatively the timbered nature of the block means that a quality home could be designed to specifically suit the site. Quiet cul-de-sac location.

Property History for 7 Morella Cl, Mallabula, NSW 2319

A timeline of how this property has performed in the market
Last Sold
$120,000
23 Jun 2015
  • 23 Jun 2015
    Sold for $120,000
  • 22 Jun 2012
    Listed for Sale $125,000
  • 28 Mar 2008
    Listed for Sale $155000
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About Mallabula 2319

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 63.37% increase in median value, while Units have seen a 50.00% increase. As at 31 August 2024:

  • The median value for Houses in Mallabula is $695,135 while the median value for Units is $448,997.
  • Houses have a median rent of $575 while Units have a median rent of $270.
There are currently 5 properties listed for sale, and 2 properties listed for rent in Mallabula on OnTheHouse. According to CoreLogic's data, 23 properties were sold in the past 12 months in Mallabula.

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