119 Aries Way, Elermore Vale NSW 2287

119 Aries Way, Elermore Vale NSW 2287
119 Aries Way, Elermore Vale is a 4-bedroom, 2-bathroom, 2-car house on a 639–643 m² residential lot, built in 1990, with an estimated internal floor area of about 200 m². The property was listed for sale as a house in Elermore Vale. The listing and third-party property aggregators describe it as a two-level family home with multiple living zones, a separate living and dining area upstairs, an oversized kitchen, gas cooktop, dishwasher, split-system air conditioning, built-in robes, secure parking/internal access double garage, and an outdoor entertaining area; one source also characterises it as having dual-living-style potential. 4-bed on large block | dual-living potential | family suburb demand | bushfire overlay present | strong school catchment This property is positioned as a stronger-than-average family offering within Elermore Vale, mostly due to its generous 639-643 m² land size and two-level configuration with separate living zones. The dual-living-style potential—supported by an oversized kitchen, internal-access double garage, and outdoor entertaining area—gives it a rare edge in a market where many homes are more compact. It serves the family buyer who needs flexible space, good school catchments, and a location that balances suburban calm with proximity to services. The 1990 build is established rather than new, but its layout and block size place it above the standard compact stock in the suburb. A bushfire overlay is noted on this parcel, which may affect insurance premiums or building restrictions if future extensions are considered. The property’s age might also mean some systems—like air conditioning or appliances—could require attention sooner than a newer build, though the split-system and gas cooktop suggest reasonable upkeep. The dual-living potential could be a value driver for owner-occupiers seeking rental income or multigenerational use, but it also may limit buyer interest from those wanting a single-level layout. These factors should be weighed against the property’s clear space and location advantages when forming a price view.
Detailed Independent Property Report prepared  by PropCred Analyst team for 119 Aries Way, Elermore Vale NSW 2287
Checks found:
Value Risk 2
Liquidity Risk ! 1
Planning Risk
Income Risk 2
Execution Risk ! 1
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Market Insight

Elermore Vale is a well-established Newcastle suburb attracting a diverse mix of families, first-home buyers, and investors, supported by strong local amenities. Demand is high, evidenced by rapid sales and low vacancy rates, driving robust recent price growth. Future performance is underpinned by this sustained demand, though the significant apartment supply and a market approaching fair value suggest moderated growth expectations ahead.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

639m²

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