49 Riesling Road, Bonnells Bay NSW 2264

49 Riesling Road, Bonnells Bay NSW 2264
Bonnells Bay | 5-bedroom bush-backed family house | 1,133sqm with side access | high privacy and pool | Lake Macquarie proximity This property occupies a rare position in Bonnells Bay because the combination of a large flat block, bush reserve on two sides, and a 375sqm floorplan is uncommon at this price point. The three living zones and separate teen retreat make it suitable for multigenerational households or families needing separation between adults and children. Side and rear access for boats or caravans adds practical utility that most houses in the area lack, and the pool and firepit area create a resort-style backyard without requiring further investment. The property suits buyers who want space and privacy near the lake without paying a premium for a waterfront address. The bushfire overlay is the primary risk, as it may affect insurance costs and future development potential, and buyers should confirm the current BAL rating before proceeding. The property has been on market only eight days, so competition may be limited but the seller’s expectations are untested. The 2024 purchase suggests a recent transaction that may inform negotiation boundaries. For a buyer, this house works best as a long-term family home where the layout and outdoor space are the main value, not land subdivision. Hold it as a residence and let the bush backdrop and side access differentiate it when reselling.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 49 Riesling Road, Bonnells Bay NSW 2264
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Market Insight:

Bonnells Bay is a mature, lakeside suburb with a stable, established demographic profile, attracting significant buyer interest. Demand is driven by downsizers and outright owners seeking lifestyle, supported by consistent population growth. The housing market has demonstrated strong recent capital appreciation, with competitive sales volumes indicating solid underlying demand. Future growth is linked to sustained demographic appeal, though the market’s established nature and income profile suggest a measured pace of expansion.
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PropCred Estimated Value

Bedrooms

5

Bathroom

3

Parking

2

Land

1133mยฒ

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