38 Ulster Ave, Warilla is a 5 bedroom, 3 bathroom House and was built in 1970. The property has a land size of 670m2 and floor size of 113m2. While the property is not currently for sale or for rent, it was last sold in September 2016.
Uniquely versatile and perfectly positioned - two comfortable homes nestled on the same block, offering flexibility, convenience, and excellent rental income potential.
Home 1 - Charming Three Bedroom Residence
- Three generous bedrooms ideal for families, guests, or a home office
Home 2 - Modern Granny Flat (Built 2020)
- Detached two bedroom granny flat, thoughtfully designed and recently constructed
- Contemporary tiled flooring throughout and sleek finishes
- Immaculate kitchen and bathroom in fantastic condition
- Features independent off street parking and its own private yard
Why This Property Stands Out
- Excellent for investment income, multi-generational living or rental yield maximization
- Flexibility: One property but two separate income streams - or living spaces
- Contemporary appeal meets character: Versatile accommodation styles
- Location benefits: Proximity to amenities and beaches drives tenant desirability
- Low hassle, high yield: Currently fully tenanted for a combined $870 per week
- Just a stroll from schools, shops, and scenic beaches - ideal for lifestyle or tenant appeal
The size of Warilla is approximately 2.6 square kilometres. It has 19 parks covering nearly 10.9% of total area. The population of Warilla in 2016 was 6449 people. By 2021 the population was 6226 showing a population decline of 3.5% in the area during that time. The predominant age group in Warilla is 50-59 years. Households in Warilla are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Warilla work in a community and personal service occupation.In 2021, 56.00% of the homes in Warilla were owner-occupied compared with 54.80% in 2016.
Warilla has 2,949 properties. Over the last 5 years, Houses in Warilla have seen a 62.31% increase in median value, while Units have seen a 63.00% increase. As at 30 November 2025:
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