24 Iluka Ave, Malua Bay is a 3 bedroom, 3 bathroom House with 3 parking spaces and was built in 2022. The property has a land size of 565m2 and floor size of 301m2. While the property is not currently for sale or for rent, it was last sold in July 2020.
This is an extraordinary opportunity to own a premium property in one of the area's most desirable locations with panoramic views of the Pacific Ocean, Tollgate Islands, North Head and beyond. Gather on the deck and watch the waves roll in and whales play as you dine at sunset or stroll down the road to the local espresso bar for your morning coffee and breakfast.
This solid and spacious home is in immaculate original condition and offers a myriad of options for the savvy investor ranging from a permanent home, coastal holiday escape or successful holiday rental.
Upstairs you will discover the most breathtaking views from the open plan lounge and dining rooms and the master bedroom. Generous kitchen with walk in pantry and meals area. The 2-way bathroom services the master suite and guest's accommodation. All rooms are spacious and offer plenty of wardrobe space.
Council Rates: $3,441.54 pa
Land Size: 562.8 sqm
The size of Malua Bay is approximately 12 square kilometres. It has 1 park covering nearly 2.7% of total area. The population of Malua Bay in 2011 was 1,804 people. By 2016 the population was 1,931 showing a population growth of 7.0% in the area during that time. The predominant age group in Malua Bay is 60-69 years. Households in Malua Bay are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Malua Bay work in a professional occupation. In 2011, 74.5% of the homes in Malua Bay were owner-occupied compared with 75.2% in 2016.
Malua Bay has 1,897 properties. Over the last 5 years, Houses in Malua Bay have seen a 68.84% increase in median value, while Units have seen a -2.91% decrease. As at 30 November 2024:
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