FOR SALE
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173 Cardiff Road
Elermore Vale NSW 2287

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Land area: 471m2
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Put Simply: Two Set-and-Forget Investments on One Title - Current Rent Return $940 per week

Investors, here's an opportunity you can't miss—two homes, one title, and tenants already in place. Whether you're looking to add to your portfolio or take the first step into property investment, this dual-occupancy property is the definition of set-and-forget convenience. Both properties offer something unique: a modern, light-filled near-new dwelling plus a charming original home with loads of character and future potential.
The original home is brimming with potential and charm, featuring two bedrooms with ceiling fans, built-Ins and fresh carpet. The sunroom doubles perfectly as a study/home office. The living room offers original wood floors and plantation shutters, providing comfort and character, with air conditioning and ceiling fan. The home also offers a spacious kitchen/dining area. The family bathroom has a bath/shower and ample storage. An attached carport and a leafy jacaranda complete the picture. This house is move-in ready and has exciting renovation potential for added value.
The modern additional dwelling is an oasis of peace, having a serene outlook backing onto Ironbark Creek and native reserve. Light-filled and open-plan, this space offers stylish living with wood-look floors, air conditioning, and a private covered deck for outdoor relaxation. Both bedrooms feature built-in robes with mirrored doors, ceiling fans, blinds, and an updated bathroom that also functions as a laundry. This residence, overlooking the park, exudes a peaceful atmosphere.
Put simply, this property offers two rental streams with minimal maintenance—an excellent long-term investment in a prime location, zoned for top schools and just minutes from John Hunter Hospital, Newcastles University, Newcastle City, and Lake Macquarie. With a fully fenced backyard and strong rental history, there's room for growth as the area continues to flourish.Properties like this are rare and snapped up quickly!
- Set on a 472m² block- Dual occupancy on one title—two rental streams, one property earning a combined $940 Per Week in rent.
- No work required—both properties are tenanted and ready to go.
- Zoned for popular schools: Wallsend South Public, Lambton High, and St Philips Christian College. 610m to Wallsend Public School. Less than 5km to Lambton High. 6 minutes to St Philips Christian College and Macquarie College. Close to a multitude of preschools.
- Prime location with excellent transport links to Newcastle, Charlestown and Lake Macquarie, 8 minutes to Newcastle University and John Hunter Hospital, and 18 minutes to local beaches.
- Fully fenced shared backyard—perfect for tenants with pets or kids.
- Solid rental history with room for rent increases in the future as the area continues to grow.
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Property Details for 173 Cardiff Rd, Elermore Vale

173 Cardiff Rd, Elermore Vale is a 4 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 471m2. The place is currently for sale with Wilton Lemke Stewart.

Building Type
House
Land Size
471m2

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About Elermore Vale 2287

The size of Elermore Vale is approximately 4.8 square kilometres. It has 22 parks covering nearly 12% of total area. The population of Elermore Vale in 2011 was 5,186 people. By 2016 the population was 5,516 showing a population growth of 6.4% in the area during that time. The predominant age group in Elermore Vale is 0-9 years. Households in Elermore Vale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Elermore Vale work in a professional occupation. In 2011, 69.5% of the homes in Elermore Vale were owner-occupied compared with 70.3% in 2016.

Elermore Vale has 2,814 properties. Over the last 5 years, Houses in Elermore Vale have seen a 68.40% increase in median value, while Units have seen a 65.02% increase. As at 30 September 2024:

  • The median value for Houses in Elermore Vale is $844,132 while the median value for Units is $620,479.
  • Houses have a median rent of $650 while Units have a median rent of $580.
There are currently 32 properties listed for sale, and 5 properties listed for rent in Elermore vale on OnTheHouse. According to CoreLogic's data, 118 properties were sold in the past 12 months in Elermore vale.

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Jesse Wilton
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Jarrod Dickens
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Wilton Lemke Stewart
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