19 Lumeah Avenue, Elanora Heights NSW 2101

19 Lumeah Avenue, Elanora Heights NSW 2101
5-bed family residence | recent full renovation & second storey | bushland sanctuary setting | near village & B-Line This property presents a compelling, high-specification family home in a tightly held pocket, distinguished by its comprehensive renovation and intelligent extension. The design delivers a rare, move-in ready solution for buyers seeking a substantial home without the delay and risk of construction, particularly appealing to families valuing both privacy and connectivity. Its open-plan living, premium finishes, and seamless indoor-outdoor flow to bushland vistas create a premium lifestyle proposition that outperforms the older stock typical of the area. The primary decision point is the price premium commanded for its turn-key condition against the backdrop of limited recent comparable sales. You are paying for certainty and immediacy. The estimated rental yield suggests solid investment logic if holding, but the capital outlay must be justified by a long-term hold to absorb the renovation cost already embedded in the price. Proceed with a contract conditional on a building inspection to verify the quality of the recent works, then hold for the long term to realise its full value.

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

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Market Insight:

This established suburb exhibits a stable, high-value housing market with a deeply rooted resident base, indicating strong long-term appeal. Demand is underpinned by owner-occupiers, evidenced by exceptionally high long-term tenure. Recent price trends for houses show stability, while the unit market has experienced some softening. The market is characterised by steady turnover and moderate rental yields. Future growth will rely on the suburb’s inherent stability, though the divergence between house and unit performance suggests a nuanced market with potential affordability constraints for new entrants.
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PropCred Estimated Value

Bedrooms

5

Bathroom

2

Parking

2

Land

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