24 Pannamena Cres, Eleebana NSW 2282

24 Pannamena Cres, Eleebana NSW 2282
Elevated lakeside position | 2 beds + flexible retreat | Character-filled & unique | 4 car bays | Moments to conveniences This property’s primary strength is its elevated, northern aspect over the lake, a rare and fixed positional advantage that underpins its value. The combination of a character-filled, renovated interior with a flexible floor plan and substantial off-street parking creates a compelling lifestyle offering, ideally suited to downsizers or professionals seeking a tranquil, view-oriented residence with space for vehicles or a home office. The decision hinges on paying a premium for its uniqueness and views, which limits comparable sales validation and may affect future liquidity. The significant historical price growth suggests strong locational demand. Acquire as a long-term lifestyle holding; its rental yield supports an investment stance, but its highest utility is owner-occupation to fully capitalise on its amenity.

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

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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

2

Bathroom

2

Parking

4

Land

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