1/24 Mulgowrie Street, Malua Bay NSW 2536

1/24 Mulgowrie Street, Malua Bay NSW 2536
Coastal duplex | 4 beds 3 baths | 570sqm near beach | Bushfire overlay | Premium modern finishes The property represents a rare configuration in Malua Bay: a near‑new duplex on a generous 570‑square‑metre parcel with four bedrooms and three bathrooms, a layout typically reserved for detached houses. The high‑end finishes – hybrid timber flooring, brushed brass fixtures, and ducted air conditioning – signal a build quality that supports premium valuation, while the low‑maintenance character broadens appeal to families seeking a permanent beachside home and downsizers trading larger block maintenance for modern comfort. A buyer is positioned to acquire a competitively scarce product in a coastal submarket where modern duplex stock of this size is limited. A bushfire overlay is formally noted for the address, which introduces specific implications: elevated insurance premiums, mandatory compliance standards for any future renovations, and potential constraints on landscaping. The absence of recorded sale history suggests the property may be a new registration or recently completed build, limiting comparability data but also offering depreciation benefits for an investor. The opportunity lies in strong holiday‑letting demand for a four‑bedroom duplex so close to the shoreline, provided the title is confirmed as a separately titled dwelling rather than a strata share. Investigating the exact ownership structure and obtaining a full bushfire report are the essential next steps.
Detailed Independent Property Report prepared  by PropCred Analyst team for 1/24 Mulgowrie Street, Malua Bay NSW 2536
Checks found:
Value Risk
Liquidity Risk
Planning Risk 2
Income Risk 2
Execution Risk
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Market Insight

Malua Bay presents a mid-market coastal positioning, with demand driven by local buyers seeking family homes, evidenced by consistent sales activity. Recent price trends show mixed signals, with a market characterised by extended selling periods and constrained supply. Future growth is linked to its established appeal, though sensitivity to broader conditions and limited turnover present inherent constraints to momentum.
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PropCred Estimated Value

Bedrooms

4

Bathroom

3

Parking

1

Land

570m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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