11 Plumridge Close Warners Bay NSW 2282

11 Plumridge Close Warners Bay NSW 2282
Elevated rear deck | 577mยฒ lot | 5 bedrooms | bushfire overlay present This property offers a rare configuration in Warners Bay: a five-bedroom, three-bathroom house on a generous 577mยฒ lot with only 41% site coverage, leaving substantial outdoor space. The elevated rear deck and natural light throughout are genuine differentiators in a market where family-scale homes with privacy are scarce. For a buyer seeking a long-term family home with a lakeside lifestyle and good school catchment, this property provides a strong negotiating position due to its unique layout and cul-de-sac setting. It serves best for owner-occupiers who value space and entertaining potential over immediate renovation needs. The bushfire overlay is the primary risk, potentially increasing insurance costs and limiting some future modifications. However, the absence of flood or heritage overlays reduces regulatory complexity. The property’s long ownership since 2001 suggests limited deferred maintenance, but buyers should budget for potential updates to systems like ducted air conditioning. The NBN Fibre to the Node and 5G coverage are adequate but not premium. The commercial logic is straightforward: hold as a family home, leveraging the school catchment and privacy, or rent for a projected $1,000 weekly yield. Use this property for stable, long-term residential occupation with minimal repositioning required.

Independent, Unbiased Research Report for this property by PropCred Analyst teamย 

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Market Insight:

Warners Bay is a desirable lakeside suburb attracting established professionals seeking its lifestyle offerings. This demographic drives consistent demand, reflected in a robust market with strong recent price growth and brisk sales activity. Future values are underpinned by its enduring location appeal, though the market is currently considered fair-valued after a significant period of appreciation.
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PropCred Estimated Value

Bedrooms

5

Bathroom

3

Parking

3

Land

577mยฒ

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