55 Micalo St, Iluka is a 4 bedroom, 3 bathroom House with 1 parking spaces. The property has a land size of 828.8m2. While the property is not currently for sale or for rent, it was last sold in September 2025. There are other 4 bedroom House sold in Iluka in the last 12 months.
**Deposit taken** This cosy three bedroom home has been recently renovated. Step inside to the light-filled open plan kitchen, dining, living area, with ceiling fan and large split system air conditioning, new vinyl flooring and new carpet. Modern kitchen looking out to your private backyard. Glass sliding door opening onto a sunny front tiled verandah with privacy screen. The home offers three bedrooms, two bathrooms with showers, corner bath tub, and seperate toilets. Dedicated laundry space. Curtains, blinds, flyscreens & locks to all windows. Off street parking for a boat, and an undercover carport for a car. Spearpoint and pump to water the low maintenance gardens. Plenty of solar panels on the roof to reduce the power bills. Fully fenced and gated rear yard.
At the rear of the property is a seperate and private free-standing granny flat conversion. It offers one bedroom, a full kitchen, lounge room, split system air conditioning, bathroom and laundry area, seperate toilet, undercover outdoor area. Ideal for the extended family, teenagers retreat, or seperate rental income.
The house and granny flat are both currently rented out with the house returning $495.00 per week and the granny flat $350.00 per week. Both leases have expired and are now periodic leases. A strong local rental market with solid rental returns makes this property an opportunity for investors. Alternatively it may suit someone looking for a comfortable home to live in with the added bonus of having private self contained accomodation suitable as an additional investment opportunity, or to comfortably accomodate family and freinds visiting.
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 1,661 properties. Over the last 5 years, Houses in Iluka have seen a 61.58% increase in median value, while Units have seen a 42.68% increase. As at 30 November 2025:
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