Embrace the potential of this residential land located on Currawong Cres, Malua Bay.
Boasting a generous land size of 1,553 m size this block offers a brilliant development opportunity for those with a vision.
If you want to be within minutes of beautiful local beaches, shops & cafes - Malua Bay is the ideal location!
Key Features:
? Generous 1,553sqm block
? Prime location: 1.5km from patrolled beaches and shops
? Minutes from local schools, cafes & restaurants
? Significant potential and opportunity
? Surrounded by quality-built homes
? Potential for rear access
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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