8 Merinda StreetMalua Bay NSW 2536
Property Details for 8 Merinda St, Malua Bay
8 Merinda St, Malua Bay is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1965. The property has a land size of 588m2 and floor size of 163m2. While the property is not currently for sale or for rent, it was last sold in March 2016.
Last Listing description (September 2016)
This quiet little cul de sac street fronting Pretty Point Bay has recently seen some strong sales. Being a stones throw from Pretty Point and a short walk to McKenzies Beach, this quiet street is growing in popularity. On offer is a superb holiday home that exudes that relaxed coastal vibe that many buyers are looking for.
Featuring 3 very good sized bedrooms, downstairs rumpus, single garage open plan living upstairs and huge under cover entertaining deck taking glorious ocean views.
The home is perfectly set up ready to enjoy as a holiday home and currently commands $1,500 per week rental income during the peak season.
Property History for 8 Merinda St, Malua Bay, NSW 2536
- 18 Mar 2016Sold for $475,000
- 13 Nov 2015Listed for Sale $485,000
- 13 Jul 2002Sold for $298,500
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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 1,898 properties. Over the last 5 years, Houses in Malua Bay have seen a 61.80% increase in median value, while Units have seen a 21.77% increase. As at 31 August 2024:
- The median value for Houses in Malua Bay is $890,299 while the median value for Units is $605,891.
- Houses have a median rent of $600 while Units have a median rent of $600.
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