4/40 Watersleigh Ave, Mallabula is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1988. The property has a land size of 1050m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in August 2020.
This 2 bedroom beautifully renovated townhouse gives you the opportunity to secure a waterfront property in a peaceful location at Mallabula a great price! Downstairs features a freshly tiled open plan kitchen, dining and living area with a large sliding door to take in the beautiful views. Upstairs features the main bathroom which has also been renovated and 2 good sized bedrooms with a balcony off the main showcasing the beautiful filtered water views. With a long term tenant in place, this property is the perfect investment! Located only a short drive to the Tanilba Bay Shopping Centre or the waterfront at Lemon Tree Passage. Call Coastal on 4984 5155 to arrange your inspection today!
The size of Mallabula is approximately 2.7 square kilometres. It has 9 parks covering nearly 16.5% of total area. The population of Mallabula in 2016 was 931 people. By 2021 the population was 963 showing a population growth of 3.4% in the area during that time. The predominant age group in Mallabula is 60-69 years. Households in Mallabula are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Mallabula work in a trades occupation.In 2021, 72.90% of the homes in Mallabula were owner-occupied compared with 71.10% in 2016.
Mallabula has 507 properties. Over the last 5 years, Houses in Mallabula have seen a 50.55% increase in median value, while Units have seen a 60.70% increase. As at 31 December 2025:
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