21 Burke Street, Swansea NSW 2281

21 Burke Street, Swansea NSW 2281
Single level brick | Between channel and lake | Three bed one bath | Usable land block | One car space This single-level brick house occupies a practical position between the channel and lake, offering a lifestyle setting that is genuinely sought after in Swansea. The three-bedroom, one-bathroom configuration is straightforward and functional, serving well as a low-maintenance home for downsizers, first-time buyers, or investors seeking a coastal rental. The fully fenced backyard and external laundry add everyday utility, while the detached house format on a usable 537-square-metre block provides more space than a typical unit or townhouse. The property’s appeal lies in its simplicity and location rather than any luxury finish, making it a solid entry point into the area’s residential market. The single bathroom and single car space may limit appeal for family buyers accustomed to more generous provision, and the lack of verified updates means the condition could influence the final price. The location between channel and lake may hold lifestyle premiums but also might require consideration of any local flood or development constraints. A buyer should weigh the potential for future improvements against the straightforward current layout.
Detailed Independent Property Report prepared  by PropCred Analyst team for 21 Burke Street, Swansea NSW 2281
Checks found:
Value Risk ! 1
Liquidity Risk ✓
Planning Risk ! 1
Income Risk ✓
Execution Risk ! 1
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Market Insight

Swansea offers a coastal lifestyle on Lake Macquarie, attracting families, downsizers, and professionals. Demand is driven by this established demographic seeking a permanent lifestyle shift, with apartments appealing to first home buyers. Recent price trends indicate a stabilising market, with conditions reflecting fair value near its long-term trajectory. Future growth is underpinned by its historical performance, though the current positioning suggests a mature phase with limited immediate upside.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

1

Land

538m²

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