16 Dwyer Chase, Eleebana NSW 2282

16 Dwyer Chase, Eleebana NSW 2282
4-bed family house with pool | 650mยฒ block in established suburb | 3 living areas, solar, ducted air | 90% owner-occupied street with low turnover The property’s competitive strength lies in its rare combination of a full-sized in-ground pool, three separate living zones, and solar panels on a 650mยฒ lot in a tightly held street where 90% of neighbours are long-term owners. For a family buyer seeking a permanent home with minimal compromise, this configuration eliminates the need for future renovations or pool installation, saving at least $80,000โ€“$120,000 in post-purchase costs. The 38% building coverage and absence of flood or heritage overlays provide straightforward development optionality, though the bushfire overlay introduces a modest constraint. It serves best a buyer aged 40โ€“59 who values space, energy efficiency, and immediate amenity over land banking. The primary risk is the bushfire overlay, which may increase insurance premiums by 15โ€“25% and limit certain landscaping or extension choices. The 2023 sale price is not disclosed, but the current $1.65 million midpoint sits 16% above the suburb median for four-bedroom houses, meaning the buyer pays a premium for the pool and larger block. Opportunity lies in the 5G coverage and FTTP connection, which support a home office or dual-income household configuration. The property should be held as a long-term family home, not a flip, given the suburbโ€™s 28-day average days on market and 50% auction clearance rate.

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

WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

Market Insight:

Eleebana is a well-established Lake Macquarie suburb characterised by steady family demand, evidenced by consistent sales of three-to-five-bedroom homes. This demographic drives a resilient market with solid rental interest, supporting investor activity. Recent price trends show robust annual growth, with houses transacting efficiently, indicating sustained buyer competition. Future performance is underpinned by this established appeal, though the premium price point presents an affordability consideration for new entrants.
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

653mยฒ

Assessments Delivered Today

WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat