1 Michael Street, Blackalls Park NSW 2283

1 Michael Street, Blackalls Park NSW 2283
4 bed 2 bath 2 car family house | quiet cul-de-sac position | strong natural light throughout | suited to owner-occupiers This house holds a clear competitive edge as a four-bedroom, two-bathroom family home in a suburb where much of the older stock is three-bedroom, one-bathroom. The cul-de-sac setting means minimal through traffic and a safer environment for children, which typically appeals to families looking for a settled street. The open-plan living areas with good natural light give the interior a practical, modern feel that suits daily family life without requiring immediate renovation. It serves buyers who want move-in-ready space in a quiet pocket, likely families upgrading from smaller homes or those relocating within the Lake Macquarie area. The value of this property may be shaped by its land size and whether the block offers usable outdoor space, as larger lots in the area tend to command a premium. The build year is not confirmed, so the condition of the roof, electrical systems, and insulation could influence ongoing costs and should be inspected. The absence of confirmed renovations means the kitchen and bathroom finishes may be original, which might affect how the price compares to recently updated homes. The quiet street position is a genuine advantage, but the lack of verified aspect means natural light in specific rooms could vary. Buyers should weigh the configuration against the likelihood that comparable older homes may require more work, making this property’s practical layout a potential value driver. || Comparable Sales: 29 Michael Street sold at $655,000 for a 3-bed house; 1 Reynolds Street sold at $845,000 for a 3-bed house | Property Price Band: $800,000–$900,000 | Value Drivers: four-bed layout, cul-de-sac location, natural light and open-plan living
Detailed Independent Property Report prepared  by PropCred Analyst team for 1 Michael Street, Blackalls Park NSW 2283
Checks found:
Value Risk ! 1
Liquidity Risk ✓
Planning Risk ! 1
Income Risk ! 1
Execution Risk ✕ 2
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Market Insight

Blackalls Park is a Lake Macquarie suburb offering affordability and proximity to water. It attracts families and investors seeking value. Demand is driven by lifestyle and accessibility. Housing stock is varied, creating uneven performance. Price growth is moderate and tied to broader lake demand. It remains a mid-tier value suburb.
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PropCred Estimated Value

Comparable Sales: 29 Michael Street sold at $655,000 for a 3-bed house; 1 Reynolds Street sold at $845,000 for a 3-bed house | Property Price Band: $800,000–$900,000 | Value Drivers: four-bed layout, cul-de-sac location, natural light and open-plan living

Bedrooms

4

Bathroom

2

Parking

2

Land

401m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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