32 Ballanda Cres, Iluka is a 6 bedroom, 3 bathroom Unit with 3 parking spaces and was built in 1980. The property has a land size of 760m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in March 2020.
These 3 x 2 bedroom units where built 35 years ago so it's time for a make over. As is, they are in good condition for their age and are showing a good return. However to realize their full potential as a good long term investment the property is ready to be updated. Mostly cosmetic inside and out. New paint job on the units interior and the exterior of the building, landscaping the gardens, paving here and there, some new fencing and you will have an investment for now and into the future. Either rent out all 3 permanently or rent 2 and keep 1 for your own holiday house or your permanent home with an income for life. Inspection by appointment only.
The size of Iluka is approximately 12.8 square kilometres. It has 9 parks covering nearly 51.3% of total area. The population of Iluka in 2016 was 1718 people. By 2021 the population was 1764 showing a population growth of 2.7% in the area during that time. The predominant age group in Iluka is 60-69 years. Households in Iluka are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Iluka work in a trades occupation.In 2021, 65.40% of the homes in Iluka were owner-occupied compared with 65.50% in 2016.
Iluka has 1,662 properties. Over the last 5 years, Houses in Iluka have seen a 64.48% increase in median value, while Units have seen a 49.60% increase. As at 31 October 2025:
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