88 Ridge Ave, Malua Bay is a 6 bedroom, 3 bathroom House with 2 parking spaces and was built in 1995. The property has a land size of 20331m2 and floor size of 277m2. While the property is not currently for sale or for rent, it was last sold in February 2022.
This property ticks all the boxes. A large single level home, with an attached self-contained second home, ideally located on one of the prettiest five acres we have seen. With lush, green paddocks ideal for horses and with vegetable gardens, fruit trees, two dams and backdrop of a picturesque valley. This spacious house has been designed and master built with care and offers flexible living options ideal for extended family and friends.
The main house has a good floorplan with open plan living/kitchen flowing to deck overlooking the pretty landscaped gardens and a second lounge/media room. There are four bedrooms, master with ensuite, large family bathroom and laundry. The house has covered, wrap around verandahs on three sides perfect for relaxing and entertaining and enjoying the sea breezes.
The self-contained separate entry residence features two bedrooms one with attached powder room and the second bedroom is next to a separate bathroom. The spacious lounge and kitchenette flow to the deck overlooking pretty gardens. This is ideally suited for flexible family living or to enjoy extra income by renting out permanently or on Air BnB.
Features include:
- Land size 2, 092 Hectares - approx. 5.16 acres
- Two dams
- Solar panels
- Fenced paddocks perfect for horses, alpacas, goats, or cows
- Two water tanks each 27,000 litres
- Extensive gardens featuring fruit and citrus trees, vegetable gardens, Australian natives, etc.
- Reverse cycle air conditioning to flat
- Single garage (with potential for second car)
- Area for a combustion wood fireplace
- Gas cooktop, electric oven and microwave
- Short drive to Surf Beach, Malua Bay Beach and Shops
- Low risk absorption septic, recently inspected by Council
- Rates $1,488 p/a
- Potential rent $750 p/w
The size of Malua Bay is approximately 12.0 square kilometres. There is 1 park, covering nearly 2.7% of the total area. The population of Malua Bay in 2016 was 1929 people. By 2021 the population was 2071 showing a population growth of 7.4% in the area during that time. The predominant age group in Malua Bay is 60-69 years. Households in Malua Bay are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Malua Bay work in a professional occupation.In 2021, 79.00% of the homes in Malua Bay were owner-occupied compared with 75.20% in 2016.
Malua Bay has 1,919 properties. Over the last 5 years, Houses in Malua Bay have seen a 37.26% increase in median value, while Units have seen a 15.68% increase. As at 31 May 2026:
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