Elevated Lake Macquarie Views with Exciting Potential

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5 Yoorala Road, Yarrawonga Park NSW 2264

$769,000

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$769k - $807k Transparent Transparent Listing Based on an openly advertised listing price.

House 2 Beds 1 Bath 1 Car 531 m²

Listed: 5 days ago

Updated: 2 days ago

Overview

Set in an elevated position in Yarrawonga Park, this residence offers panoramic views of Lake Macquarie and a prime opportunity to create a tailored living space suited to your needs. The home features two generously sized bedrooms with built-in wardrobes, providing ample storage and comfort.

The interior boasts freshly painted walls and recently installed carpeting throughout, ensuring a fresh and inviting atmosphere from the onset. The practical kitchen layout offers functionality with potential for modernisation according to your style.

Step outside onto the spacious outdoor entertaining deck where expansive lake views serve as a breathtaking backdrop for entertaining or relaxing with family and friends. Complementing the living spaces is a bathroom with a separate toilet and a convenient single carport, enhancing daily living convenience.

With significant scope for renovation or expansion, subject to council approval, this property is ideal for first home buyers, renovators, downsizers, or investors seeking value and future potential. Its elevated setting not only capitalises on the striking vistas but also enhances the property's appeal for lifestyle and investment alike.

Located just minutes from local education facilities, shopping centres, medical services, public transport options, and the M1 Motorway, this home balances tranquil lakeside living with everyday accessibility, making it a practical choice for diverse buyers.

Two spacious bedrooms with built-in storage
Elevated site yielding panoramic lake views
Generous outdoor deck ideal for entertaining
Freshly painted interiors and new carpeting
Functional kitchen with upgrading possibilities
Bathroom designed with a separate toilet
Single carport providing vehicle protection
Potential for renovation or expansion
Convenient proximity to schools, shops, and medical facilities
Close to public transport and major motorway access

This property presents a unique canvas to create a comfortable home with lifestyle advantages and promising investment potential in the sought-after Yarrawonga Park precinct.

Local Market Insights

In Yarrawonga Park, Quiet Listings observed 30 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 $1,125,700. 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 27% of new listings, followed by Harcourts with 17%. 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.