22 Alpha Close, Eleebana NSW 2282
22 Alpha Close, Eleebana NSW 2282
Family-oriented quiet cul-de-sac | lakeside suburb, tightly held | likely dual-level detached house | school catchment appeal | generous block size potential
This house is positioned in a tightly held lakeside pocket of Eleebana, where family-oriented streets and generous blocks are the local norm. The quiet cul-de-sac setting and proximity to the public school catchment and lake foreshore are considered strong matches for established families or upgraders seeking a settled neighbourhood with limited turnover. Should the house follow the common local pattern, a dual-level floorplan with multiple living areas and a north-facing or elevated aspect would be expected to add genuine everyday appeal.
Value might be most influenced by the condition of the kitchen and bathrooms, and whether the floorplan is arranged for flexible family living. A larger land component or any lake glimpse could be expected to lift the price, while dated finishes or a rear orientation onto neighbouring properties may limit upside. These factors should be weighed when forming a view on price.
Detailed Independent Property Report prepared by PropCred Analyst team for 22 Alpha Close, Eleebana NSW 2282
Checks found:
Value Risk
✓
Liquidity Risk
✕
2
Planning Risk
!
1
Income Risk
!
1
Execution Risk
!
1
Market Insight
Eleebana, in Lake Macquarie, trades houses at a median of $1.35M, with recent data ranging from $1.22M to $1.38M. Annual growth is mixed: a 9.4% positive reading versus -5.4% over the past year, and 42 median days on market. Annual sales of 75-106 homes indicate steady but modest turnover. Demand is led by families seeking 3-5 bedroom houses; weekly rents of $755-$980 and a 3.7% gross yield underpin investor interest. Infrastructure specifics are absent, but ongoing sales activity implies localised appeal. The key risk is affordability at current entry prices, with moderate supply and interest-rate sensitivity unquantified. Future growth relies on sustained family demand within Lake Macquarie.
PropCred Estimated Value
Comparable Sales: 6 Alpha Close sold around $1.09M and 4 Ryecroft Close sold around $1.1M | Property Price Band: $1.0M to $1.1M | Value Drivers: land size, layout condition, and any outlook or aspect advantage.