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Sold on 01 Oct 2024 - Price Unavailable

7 Millamurra Street
Malua Bay NSW 2536

Bedrooms: 4
Bathrooms: 3
Car spaces: 3
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Property Details for 7 Millamurra St, Malua Bay

7 Millamurra St, Malua Bay is a 4 bedroom, 3 bathroom House with 3 parking spaces. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 4 bedroom House sold in Malua Bay in the last 12 months.

Building Type
House

Last Listing description (October 2024)

That's right! why not buy by the sea, this beautiful home has a consistent track record of returning holidayers, and that is what you want when you are looking for a holiday home that you want to rent out. There's nothing to do here either, its in excellent condition with a lovely water view and so close to Pretty Point Beach, that you could wake up in the morning stroll on over, take a quick dip and and be back before the house wakes and knows you've been and gone.
This is as close to the water as you can get without spending a gazillion dollars, you're that close to the water the sea spray will probably get you on a windy day while your family and friends are enjoying a bbq on your large entertaining deck.

House consists of 4 bedrooms 3 bathrooms, large deck area, outside wash off shower, lock up garaging, enclosed yard for the puppy, therapeutic spa, reverse cycle air con and and a nice ceiling line allowing in fantastic light. Only 4 houses from the beach means your nights will consist of the waves crashing on the rocks to send you to sleep.
Property can come walk in walk out ( minus personal belongings) so you can literally settle and be there that weekend living the beach life.
Holiday yield for financial year '22/'23 and '23 to April 24 as supplied by owner- note bookings were ceased at the end of April in preparation for sale
2022/23 FY - $37,380 - 114 nights - 22 bookings
1/7/2023 - 30/4/2024 - $42,990 - 115 nights - 29 bookings

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Property History for 7 Millamurra St, Malua Bay, NSW 2536

A timeline of how this property has performed in the market
Last Sold
01 Oct 2024
Listed for Rent
$1.50k/w
01 Jul 2020
  • 01 Oct 2024
    Sold for $1,230,000
  • 27 Aug 2024
    Listed for Sale Sold
  • 20 Jan 2020
    Listed for Rent - Price not available
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About Malua Bay 2536

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:

  • The median value for Houses in Malua Bay is $935,765 while the median value for Units is $441,767.
  • Houses have a median rent of $600 while Units have a median rent of $600.
There are currently 32 properties listed for sale, and 4 properties listed for rent in Malua bay on OnTheHouse. According to CoreLogic's data, 85 properties were sold in the past 12 months in Malua bay.

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