19 Cherry Road, Eleebana NSW 2282

19 Cherry Road, Eleebana NSW 2282
4-bed family house | updated 1970s era | 260 sqm interior | 601 sqm block | no water views Considered competitively strong for its generous internal space on a moderate suburban lot, the property’s attraction is found in its 260 square metres of living across four bedrooms, a scale rarely seen in 1970s construction. The updated kitchen and bathrooms are noted for providing immediate comfort while scope for further personalisation is retained. In the established family suburb of Eleebana, this house is best suited to buyers seeking a substantial detached home with room to grow, rather than a move-in-ready prestige build. The value of this property may be most directly shaped by its 1975 construction and selective update, with remaining upgrade work needing to be weighed by buyers against the price paid. An absence of premium finishes or water views might be seen as capping its ceiling among prestige buyers, while the solid family configuration could be expected to support strong demand from owner-occupiers. Future investment is likely required for the property to reach top condition
Detailed Independent Property Report prepared  by PropCred Analyst team for 19 Cherry Road, Eleebana NSW 2282
Checks found:
Value Risk ✕ 2
Liquidity Risk ! 1
Planning Risk ✓
Income Risk ✕ 2
Execution Risk ✓
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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.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

601m²

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