33A St Clair Street, Bonnells Bay NSW 2264
33A St Clair Street, Bonnells Bay NSW 2264
Well-located entry house in rising lake suburb | Demand strong with fast turnover | School catchment appeal | Renovation potential adds buyer edge
This property sits in Bonnells Bay, a suburb showing clear demand signals with a median of $773,000 and average days on market at just 21, indicating limited supply and willing buyers. The house is positioned in a stable street with 85% owner-occupiers, reducing rental turnover risk. Its school catchment for Bonnells Bay Public and Morisset High adds family buyer appeal, while the 24% under-20 demographic suggests a growing local family base. For a buyer, the key opportunity is the gap between the Domain guide and the Property.com.au listing, which implies negotiation room. The property is best suited to an owner-occupier or a buyer willing to renovate, as its 2019 sale at $379,000 and 2021 sale at $465,000 show value growth potential from improvements.
The primary risk is the pricing discrepancy between sources, which may reflect overpricing by one agent or a strategy to test the market, costing the buyer time or overpayment if not negotiated down. The 0% auction clearance rate in Bonnells Bay suggests some market hesitation, though this may be due to low sample size. The 21-day average days on market indicates that well-priced properties sell quickly, so a buyer should act decisively but anchor offers near the Domain guide range. The property’s 1 parking space is a constraint for families with multiple cars. Renovation could lift value above the median, and holding for medium-term growth aligns with the suburb’s trajectory. Use this property as a family home or a renovation project in a tightening market.
Detailed Independent Property Report prepared by PropCred Analyst team for 33A St Clair Street, Bonnells Bay NSW 2264
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
Income Risk
Execution Risk
2
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Market Insight
Bonnells Bay is a mature, lakeside suburb with a stable, established demographic profile, attracting significant buyer interest. Demand is driven by downsizers and outright owners seeking lifestyle, supported by consistent population growth. The housing market has demonstrated strong recent capital appreciation, with competitive sales volumes indicating solid underlying demand. Future growth is linked to sustained demographic appeal, though the market’s established nature and income profile suggest a measured pace of expansion.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
1
Land
348m²
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