5 Owen St, Iluka is a 5 bedroom, 2 bathroom House with 3 parking spaces. While the property is not currently for sale or for rent, it was last sold in September 2025. There are other 5 bedroom House sold in Iluka in the last 12 months.
Looking for a BIG house with 2 council-approved units, ample space to accommodate extended family, visitors or tenants, and close to everything the idyllic coastal village of Iluka has to offer?
This unique property within just 2 minutes walk to Iluka bay, cafes, shops, World Heritage Rainforest walk, sports grounds and bowling club caters for all. Splendid beaches to enjoy, safe for swimming, surfing, great fishing, only a short walk, drive or bike ride away make this a true asset in paradise.
The dwelling has been mainly rented out over recent years, with a fantastic 9% return, translating to $800 + per week in the current rental market - an investor's dream!
Or you might decide to live in one unit, renting out the second one for instant extra income - the possibilities are endless!
Currently owner occupied, with the residence upstairs, ground level unit 1 is used for a home business and guest accommodation.
The very solidly built house captures the pleasant sea breezes and has seen substantial improvements, eg. a 20 panels back-to-grid solar system considerably reducing energy costs, fresh paint, water filters, reverse-cycle air-con, dishwasher, and an open shed/outdoors entertainment area.
An established garden offers a private sanctuary in lush surrounds plus fresh fruit-vegetables-herbs and even home-grown gourmet mushrooms to dine on.
UNIT 1 ground level:
- Fully renovated, new carpets in bedrooms
- Air-conditioned
- 2 bedrooms, 1 bathroom
- Easy care tiled floors
- Single carport
UNIT 2 upstairs:
- 3 bedrooms plus study with BIR & ceiling fans
- Spacious air-conditioned living rooms
- Enclosed verandah / "sun room"
- Full bathroom with separate toilet
- Polished hardwood floors
- Tandem garage with internal stairway access and handy 2nd toilet
With its central location next to parkland & river, the generous amount of comfortable living space, and the prospect of excellent rental return, this property is certainly one of its kind - a safe & lucrative investment, to good to miss !
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 1,659 properties. Over the last 5 years, Houses in Iluka have seen a 60.11% increase in median value, while Units have seen a 47.05% increase. As at 31 December 2025:
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