28 Ridgewood Cres, Eleebana NSW 2282

28 Ridgewood Cres, Eleebana NSW 2282
5 beds | 4 baths | 766mยฒ | 95% owner-occupied street | 3 days on market This property presents a rare configuration advantage in Eleebana, offering five bedrooms and four bathrooms on a 766mยฒ lotโ€”well above the suburbโ€™s median for this category. The street profile, with 95% owner-occupancy and 69% long-term residents, signals low turnover and high desirability, positioning this house as a stable family holding. It is best suited for buyers seeking space and privacy in a tightly held location, where the combination of land size and room count provides a competitive edge against newer, smaller listings. The primary risk is the absence of recent comparable sales data for this specific property, last transacted in 1994, which may introduce valuation uncertainty. However, the broader Eleebana market shows 23 five-bedroom sales this year with an average 81 days on market, indicating steady demand. The opportunity lies in the propertyโ€™s early days on marketโ€”only three daysโ€”allowing a buyer to negotiate before wider interest builds, particularly given the 17% auction clearance rate suggests selective bidding.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 28 Ridgewood Cres, Eleebana NSW 2282
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

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.
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

PropCred Estimated Value

Bedrooms

5

Bathroom

4

Parking

2

Land

766mยฒ

Assessments Delivered Today

WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat