If you compare the increase in value of investment property in Eleebana, 2282 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was -2.02%.
Eleebana,2282 was ranked 3774 in Australia by increase in median property value over the quarter.
Property buyers and investors in Eleebana 2282 should be seeing an average reduction in asking price of around -9.59% . This means that Eleebana is holding prices well when compared to other suburbs in NSW.
Situated 105.41km from the CBD, Eleebana is one of Lake Macquarie (C) localities in the postcode 2282.
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Eleebana, NSW – The best of both worlds
Eleebana is ideal for those who seek an escape from the traffic of an urban hub, yet don’t want to be too far removed. The suburb sits on Lake Macquarie around 19km from the coastal bustle of Newcastle.
The family-orientated outdoor lifestyle of this suburb, which hugs the water’s edge, has encouraged steady population growth, with houses still offering advantageous price points to first-time buyers and new investors. Most shopping needs can be met at nearby Warners Bay Village and Jewellstown Plaza. Westfield Kotara is also just 12km from the suburb.
There are many schools to choose from in the region, John Hunter Hospital is 20 minutes’ drive away, and for recreation, Lake Macquarie is a great place to be.