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5 Elimatta Road, Yarrawonga Park NSW 2264

$799,000

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$799k - $839k Transparent Transparent Listing Based on an openly advertised listing price.

House 3 Beds 2 Baths 2 Cars 443 m²

Listed: 25th Jun 2026

Updated: 2nd Aug 2026

Overview

Tucked away in the highly sought-after lakeside suburb of Yarrawonga Park lies this solid and spacious three-bedroom residence featuring stunning water views over Lake Macquarie. Sitting on a generous 442.6 square meter block, this original 1982-built home offers incredible potential for renovators, first-home buyers, and investors alike to create a dream family sanctuary in a beautiful and tranquil setting.

With expansive water vistas from the property and close proximity to the waterfront reserve, residents can enjoy an enviable lifestyle filled with boating, fishing, kayaking, and scenic walks along the lake. The home is ideally positioned just a short stroll down the hill to the Yarrawonga Park waterfront reserve, with Square Jetty at the end of the street, providing direct access to the lake.

This property also offers convenient access to local amenities including shopping centers, schools, and childcare facilities. Brightwaters Christian College and Bonnells Bay Public School are close by, making it perfect for families. The local community is well serviced with the nearby Bonnells Bay Shopping Centre, 8 at Trinity precinct, and the marina close within reach.

Commuters will appreciate the direct M1 Motorway access and the nearby Morisset Train Station, connecting residents comfortably to Newcastle, the Central Coast, and Sydney. This aspect, combined with the ongoing growth of Morisset as a major regional hub, speaks to the strong long-term investment potential of this property, alongside its lifestyle appeal.

The home itself features three bedrooms and two bathrooms, including an ensuite. It offers two parking spaces in a secure arrangement to accommodate family vehicles. The functional design includes built-in robes, a dining room, lounge areas, and practical features such as air conditioning, a dishwasher, and openable windows to enhance comfort. The interior benefits from carpeted flooring, while the fenced backyard provides privacy and a safe environment for children and pets.

Overall, this property represents a rare opportunity to secure a piece of coveted lakeside real estate in a friendly and picturesque suburb. Whether you choose to renovate and add your personal touch or purchase as is for immediate enjoyment, the location, lifestyle, and possibilities this home presents are exceptional.

Property Features:

Original 1982-built solid home
Three bedrooms with built-in robes
Two bathrooms, including ensuite
Two-car accommodation
Spectacular water views over Lake Macquarie
Generous 442.6 sqm block in a tranquil lakeside suburb
Easy access to waterfront reserve, boating, and fishing spots
Close to schools, shops, childcare, and transport links
Comfort features including air conditioning, dishwasher, and openable windows
Fenced backyard ideal for families and pets

This home offers an excellent balance of lifestyle and investment in one of Lake Macquarie’s most beloved locations. Immediate inspection is recommended to appreciate the potential and charm it delivers.

Local Market Insights

In Yarrawonga Park, Quiet Listings observed 32 new houses entering the market over the last 30 days, up from 17 during the previous 30-day period, with an average advertised asking price of $1,177,219. The property type mix of listed properties is predominantly Houses at 97%, followed by retirement properties (3%). The most active agency for houses in the Yarrawonga Park area is currently Ellejayne Realty Pty Ltd, representing 28% of new listings, followed by Harcourts with 16%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.