Positioned in the sought after suburb of Malua Bay is this 830 m2 parcel of land. The neighbourhood is well established and known for its family-friendly atmosphere and quality homes, making it an ideal setting for those seeking a welcoming community.
Situated a stones throw away from beautiful Malua Bay beach and central to the local shopping precinct inclusive of IGA, butcher and pharmacy.
Whether you are looking to build your dream home or make a strategic real estate investment, this parcel of land provides an ideal canvas for creating a life of comfort and coastal luxury.
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 55.72% increase in median value, while Units have seen a 36.51% increase. As at 31 October 2024:
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