36 Coronation Street, Warners Bay NSW 2282
36 Coronation Street, Warners Bay NSW 2282
3 bed / 3 bath on 797m² | 207m² building area | Warners Bay school catchment | Above-average bathroom count for street | Established lakeside suburb
This house holds a clear competitive edge in Warners Bay, where typical freestanding stock on Coronation Street offers three bedrooms but only one bathroom. Three bathrooms on a 797m² block positions it well above the local norm, making it particularly suited to families seeking separation and convenience, or downsizers who want single-level practicality without sacrificing space. The 207m² building footprint is substantial, and the generous land size offers outdoor room that many nearby homes lack. Its placement in the Warners Bay Public and High School catchments adds consistent family demand, while the suburb’s established, owner-occupied character supports stable long-term appeal. This property serves buyers prioritising space, school access, and a lakeside lifestyle over proximity to the commercial core.
Value may be shaped by how the internal layout and finish quality align with the reported 207m² area, as older homes with updated sections can vary in perceived worth. The extra bathrooms likely support a premium, but only if the condition justifies it. The larger block may appeal to renovators or those seeking future flexibility, though no zoning or development upside is confirmed. Buyers should weigh the balance between land size and building age, and consider how the home’s presentation compares to renovated stock nearby. Rental demand appears solid, with comparable family homes achieving healthy weekly returns, but final pricing will hinge on whether the interior meets modern expectations. The property’s true strength is its configuration and land, not necessarily its finishes.
Detailed Independent Property Report prepared by PropCred Analyst team for 36 Coronation Street, Warners Bay NSW 2282
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
1
Income Risk
2
Execution Risk
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Market Insight
Warners Bay sits on Lake Macquarie’s shoreline, with a mature professional demographic—median age 47 and the 50–59 cohort dominant—earning $78,000–$130,000, driving buyer demand for its lifestyle positioning. House prices have reached a $1,100,000 median on 101 sales in 12 months, with annual growth of 17.6–20.6%. Units sit at $830,000 with a 4.3% gross yield and median rents of $720 for houses, $680 for units. Stock turns quickly: 3-bedroom houses average 28 days on market, 4-bedroom 37 days. Long-term appreciation is evident—55.6% over a decade—and the suburb has recorded 7,986 sales across 36 years, indicating consistent depth. Future growth is anchored by scarce lakeside supply and established infrastructure, though affordability is stretched: prices are near long-term fair value, leaving limited margin for error if rate sensitivity emerges.
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PropCred Estimated Value
Comparable Sales: 35 Coronation St sold $775k, 28 Coronation St sold $810k | Property Price Band: $900K–$1.0M | Value Drivers: 3-bathroom configuration, 797m² land size, school catchment positioning
Bedrooms
3
Bathroom
2
Parking
4
Land
784m²
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