8 Grevillea AvenueMylestom NSW 2454
Property Details for 8 Grevillea Ave, Mylestom
8 Grevillea Ave, Mylestom is a 2 bedroom, 1 bathroom House with 3 parking spaces and was built in 1970. The property has a land size of 521m2 and floor size of 46m2. While the property is not currently for sale or for rent, it was last sold in October 2021.
Last Listing description (May 2023)
This perfectly positioned block of three units in the Blue-Chip seaside village of Mylestom ticks all the boxes; low maintenance, high occupancy and less than 100m's walk to the pristine beach and river. The units currently generate a gross income of $37,440 per annum.
There is a new roof on the complex and all units present well. Each unit has 2 bedrooms, a modern kitchen, lounge/dining, bathroom, front courtyard, and carport. The separate laundry room provides space for private washing machines.
This property provides endless opportunities; continue as a permanent rental, holiday let, live in one unit and let the remainder or convert the property to a home, with the option of adding another storey to gain views of the stunning Bellinger River.
The gorgeous Mylestom village has and always will continue to be a popular tourist destination due to the fabulous river, beach and sea fishing, great accommodation and Caf.
Relax and have a game of bowls with the family or enjoy a meal, cold beer or wine at the popular Recreation Club.
There is minimal opportunity of vacant land becoming available, let alone with 3 easy-maintenance, income-producing units.
Other options include a great opportunity for multiple families as holiday units, or add to your superfund.
Do the sums: Interest rates are at an all-time low. Money invested in the bank is making a less than a stellar return on investment. With interest rates also at an all-time low, why not secure a loan to buy an investment that returns 4.33% plus capital growth!
We challenge you to find a better investment opportunity in this Blue-Chip seaside location.
Contact Brett or Peter today to arrange your private inspection.
Well presented block of three units
Low maintenance
High occupancy
Pristine beach & river within 100ms walk
Current gross income of $37,440 per annum
Each unit has 2 bedrooms, bathroom, modern kitchen, lounge/dining
Front courtyards and carports
Separate laundry room provides space for private washing machines
Popular tourist destination
Fabulous river, beach and sea fishing
Level walk to shop, Caf, beach and river
Permanently let average $240.00 each per week
Blue chip location - Mylestom
Great recreation facilities
Easy 15 min drive to Coffs Harbour
Property History for 8 Grevillea Ave, Mylestom, NSW 2454
- 15 Oct 2021Sold for $900,000
- 21 Jul 2021Listed for Sale $900,000
- 01 Jul 2021Listed for Sale $495,000
Recent sales nearby
See more recent sales nearby/assets/perm/jezb3rydwai6vgcglv4lwxu42i?signature=4e4da9c9aee39e5a7d21656c93abf6a5178afda977d444d2a7c5086a0990cc8d){kind=logo}
0
/assets/perm/zpn2u3x4oqi63k3dooprglqwbi?signature=8a029708e4a505f24ef4511ab3725e1fcc178248b74f20e60d70b4bdbef31f59){kind=logo}
0/assets/perm/ghu4whiyaii63dg7gxou4wpa5m?signature=a940b0e1e0733a1a767d019d1cec3a06ccab648706b90a9390f9a0f611d5fa70){kind=logo}
0Similar properties For Sale nearby
See more properties for sale nearby
0
0
0
About Mylestom 2454
The size of Mylestom is approximately 5.1 square kilometres. It has 2 parks. The population of Mylestom in 2016 was 344 people. By 2021 the population was 336 showing a population decline of 2.3% in the area during that time. The predominant age group in Mylestom is 60-69 years. Households in Mylestom are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Mylestom work in a community and personal service occupation.In 2021, 67.60% of the homes in Mylestom were owner-occupied compared with 70.80% in 2016.
Mylestom has 275 properties. Over the last 5 years, Houses in Mylestom have seen a 66.66% increase in median value, while Units have seen a 57.37% increase. As at 30 November 2025:
- The median value for Houses in Mylestom is $911,005 while the median value for Units is $590,031.
- Houses have a median rent of $380.
Suburb Insights for Mylestom 2454
Market Insights
Mylestom Trends for Houses
N/A
N/A
View TrendN/A
N/A
Mylestom Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
