EDITION 13
Local Insights:
Warners Bay/Lake Macquarie
Lake Macquarie, larger than Sydney Harbour, has 174 kilometres of foreshore providing little sandy lake beaches, hidden coves and secluded bays.
Warners Bay
The amazing suburbs surrounding the lake include Eleebana, Lakelands, Speers Point, Valentine, Warners Bay and Boolaroo. Property types vary incredibly from the typical 3 – 4 bedroom family home to majestic waterfront properties with their own private access to the lakefront, making it a water sports paradise.
Locals also love the fact they can sit down for a coffee at a Warner’s Bay cafe, enjoy a walk or ride along the lakeside pathways, take the kids to one of the many local parks or get out on the water, but also have the convenience of being close to schools and other services.
Buyers in the Lake Macquarie area include families, downsizers and retirees with still some great buys in hidden pockets for first home buyers.
LOCAL GEM
The Pavement Society
38 Main Road, Boolaroo
This cosy nook has brought new life to a once empty street in Boolaroo. Specialising in good coffee, but also handmade wares like candles and ceramics, The Pavement Society is a community-centred space and definitely worth a visit.
HIGHLIGHTS
Speers Point Park | Speers Point Swim Centre | Lake Macquarie Regional Football Facility | Speers Point Library | Speers Point Amateur Sailing Club | Warners Bay Foreshore | Warners Bay Football Club | Warners Bay Village | Warners Bay Esplanade | Red Bluff Boardwalk | Hunter Ice Skating Stadium | Xtreme Karts Warners Bay | Pulse Climbing Warners Bay | Dullboy’s Social Co | Costco Lake Macquarie Wholesale | Less than 15 mins drive to Redhead Beach
HOUSES
Median House Price
Lakelands
$1,340,000
Best Return on Investment
Warners Bay = 3.82%
Speers Point = 3.74%
Boolaroo = 3.21%
UNITS
Median Unit Price
Speers Point
$1,102,000
Best Return on Investment
Valentine = 4.77%
Boolaroo = 4.19%
Speers Point = 3.20%
Shaun Elms
Licensed Real Estate Agent and Auctioneer
Phone 0425 285 979