6 Boondi Street, Malua Bay NSW 2536
6 Boondi Street, Malua Bay NSW 2536
Single-level coastal family house | 4-bed / 3-bath layout | North-east alfresco living | Drive-through garage for boat or caravan | Beach-proximate pocket
This property holds a genuine edge in Malua Bay because its 4-bedroom, 3-bathroom configuration on a 559 m² block is noticeably more generous than the suburb’s typical 3-bedroom, 2-bathroom stock. The single-level brick-and-tile design with a north-east-facing covered deck suits families, retirees, and sea-changers who want low-maintenance coastal living without stairs or upkeep burden. The drive-through garage and extra parking bays add real utility for boat owners or those with multiple vehicles, which is rare at this price point and reinforces the property’s lifestyle appeal. Its position between Garden Bay and Malua Bay Beach places it within a peaceful, desirable pocket with convenient access to local shops and services, making it a strong fit for owner-occupiers seeking a permanent coastal base or a well-located holiday home.
The price outcome may hinge on how the market weighs its superior size and amenity against the fact that nearby 3-bedroom homes have sold for considerably less. Buyers should weigh the value of the third bathroom and single-level layout, which are meaningful differentiators, against the property’s older construction and FTTN connectivity, which may limit appeal for some. The fully fenced block and outdoor shower support family and pet use, while the moderate rental yield suggests investor demand exists but is not exceptional. The absence of flood, bushfire, or heritage overlays removes potential cost or insurance concerns, so the main price consideration is whether the market recognises the premium for space and configuration over more standard coastal offerings.
|| Comparable Sales: 10 Boondi Street sold $750K (3/2/2) | Property Price Band: $1.1M–$1.2M | Value Drivers: 4/3 configuration, single-level layout, drive-through garage and parking utility
Detailed Independent Property Report prepared by PropCred Analyst team for 6 Boondi Street, Malua Bay NSW 2536
Checks found:
Value Risk
✕
2
Liquidity Risk
✓
Planning Risk
!
1
Income Risk
✓
Execution Risk
✓
Market Insight
Malua Bay, a coastal locality on George Bass Drive, sits within a regional NSW corridor where neighbouring medians range from $688k to $1.15M. Demand is led by buyers seeking larger houses—recent sales span $860k to $1.95M—while unit investors are responding to a 20% annual price rise and a 3.78% gross yield. House prices are less consistent: reported medians hover near $950k, with annual growth swinging from -3.1% to +8% across sources, and 2–5-bedroom medians from $650k to $1.24M. The market is thin: 63–64 house sales in the past year, just six listings and two rentals last month, and houses sitting 64–115 days, with 4-beds slowest. Rental demand is firmer—house rents rose 5% to $625–$628 weekly, units at $495—but the shallow buyer pool and rate sensitivity remain key constraints.
PropCred Estimated Value
Comparable Sales: 10 Boondi Street sold $750K (3/2/2) | Property Price Band: $1.1M–$1.2M | Value Drivers: 4/3 configuration, single-level layout, drive-through garage and parking utility
Bedrooms
4
Bathroom
3
Parking
2
Land
559m²
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