10 Goonda Promenade, Wangi Wangi NSW 2267

10 Goonda Promenade, Wangi Wangi NSW 2267
5 bed, 3 bath, 2 car, 740sqm | quiet cul-de-sac | council reserve rear boundary | above-average family accommodation. The buying case rests on the rare combination of a 5-bedroom, 3-bathroom configuration on a 740sqm block in a quiet promenade, with a rear boundary adjoining council reserve. This delivers a privacy and open-space buffer that is difficult to replicate, directly enhancing the property’s competitive position for families seeking a lake-adjacent lifestyle without a premium street-frontage price. The floorplan serves multi-generational living or a dedicated home-office layout, making it a practical hold for a growing household. The key risk is the value estimate of approximately $884,000, which may reflect older or incorrect data given the listing discrepancies, potentially leading to a gap between buyer expectation and vendor reality. The inconsistency in bed and bath counts across sources signals a need for physical verification of the layout before committing. The opportunity lies in the council reserve abutment, which offers a low-maintenance, extended rear aspect that typically commands a premium over standard blocks. This property should be held as a long-term family home, where the lifestyle buffer and generous accommodation will sustain appeal across market cycles.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 10 Goonda Promenade, Wangi Wangi NSW 2267
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Market Insight:

Wangi Wangi offers a premium lakeside lifestyle, attracting an established demographic seeking its scenic waterfront setting. Recent market conditions reflect a softening price trend for houses, with properties taking an extended period to sell. While rental yields remain moderate, future growth is intrinsically linked to its unique location on Lake Macquarie, though the current market demonstrates sensitivity to broader economic pressures.
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PropCred Estimated Value

Bedrooms

5

Bathroom

3

Parking

2

Land

743mยฒ

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