Take the time in 2015 to visit this stunning beach that could be anywhere up the coast of NSW.
Malabar
A relatively unknown suburb of the East is Malabar. Units and homes are still affordable, it has a beautiful village feel and is home to this stunning beach. Great for young families trying to enter the Eastern Suburbs market, but willing to live on the edge a little!
The last sale in 2014 was a 3 bedroom house on 700sqm - 29 Adams Avenue, Sale Price: $1,590,000. (RP Data Jan 15)
To meet the needs of young families a fabulous, fenced playground is in Cromwell Park is behind the beach. There are also BBQ and toilet facilities available.
The beach is popular with families due to the normally calm conditions. Walking, jogging, sunbathing, rock fishing, snorkelling, scuba diving and kayaking are all popular activities.
The size of Malabar is approximately 4 square kilometres. It has 9 parks covering nearly 41% of total area.
Malabar is slowly attracting new young blood into the area. With great facilities, and a good little public school, it is an affordable option with all the benefits of the eastern suburbs. The predominant age group living in Malabar is 35-44 years.
Over the last couple of years demand has increased in Malabar. With most of the suburb taken up with park-lands the supply of accommodation is relatively low. The median sales has increased from $1.14M (2012) to $1.55M (2014) (Source: RP Data Jan 15)
Be sure to check out Malabar Beach Café for your morning latte and the Malabar RSL for some fun Sunday drinks at the golf course.
MALABAR CAFE OVERLOOKING THE BEACH
Interested in buying a property in Malabar? BuyEast would love to help you. Contact us at nicky@buyeast.com.au
