EDITION 14

Newcastle Living

Local Insights:
Warners Bay/Lake Macquarie

Lake Macquarie, Australia’s largest coastal saltwater lake, is a major draw for prospective buyers thanks to its beautiful lifestyle and landscapes.

Local Insights Edition 14: Warners Bay/Lake Macquarie

Spanning an area four-and-a-half times the size of Sydney Harbour, Lake Macquarie features 174 kilometres of foreshore, with sandy beaches, hidden coves, and secluded bays. The surrounding suburbs include Eleebana, Lakelands, Speers Point, Valentine, Warners Bay, and Boolaroo.

Residents enjoy a lively community atmosphere with the added convenience of nearby schools and amenities. They take pleasure in having coffee at the cafés in Warners Bay, strolling or cycling along the lakeside paths, visiting local parks, and partaking in water activities.

The area attracts a variety of buyers. Older homeowners who wish to downsize while remaining in their cherished suburbs are drawn to new apartment and townhouse developments that have emerged in the last five years.

Furthermore, families looking for more space and newcomers reassessing their lifestyles are increasingly choosing to move into the area.

Local Insights Edition 14: Warners Bay/Lake Macquarie

MUST VISIT

Warners bay Theatre, baramayiba
Lake Street, Warners Bay

Lake Macquarie Arts regularly hosts performances at Warners Bay Theatre, so it’s worth checking out the schedule next time you’re looking for a different night out. Upcoming events include Festival of the Choirs and the Manhattan Short Film Festival. Visit arts.lakemac.com.au

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%

Andrew Dinnen

Andrew Dinnen
Licensed Real Estate Agent and Auctioneer
Phone 0423 217 864