OFF MARKET

512 The Esplanade
Warners Bay NSW 2282

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Floor area: 262m2
Land area: 697m2
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Property Details for 512 The Esplanade, Warners Bay

512 The Esplanade, Warners Bay is a 4 bedroom, 3 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 697m2 and floor size of 262m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
House
Year Built
1970
Floor Size
262m2
Land Size
697m2
Local Government
Lake Macquarie
Lot/Plan
78/DP14751

Last Listing description (August 2023)

Perfectly placed to soak up an incredible view across the lake's glassy waters, this freestanding residence is a prime candidate for a complete knock-down/rebuild opportunity, or it will grab the attention of hard-core renovators looking for the ultimate challenge. Presented in original condition and boasting an elevated setting on The Esplanade, it delivers plenty of space to construct a contemporary new home moments from all the action of Warners Bay's celebrated cafe scene and on-water activities. Take the challenge and reap the reward.

* Original brick-built family home occupying an elevated position on The Esplanade
* Knock it down and rebuild to take full advantage of the point-blank lake view on offer

* Currently configured as a 5-bedroom/3-bathroom/2-car, multiple living zone home
* If restored, it will require a full renovation - it's not for the faint hearted
* Positioned on a deep block and staged over three versatile levels
* Fast access to bespoke shopping, trendy cafes and several popular schools
* Waterfront reserve, lake recreation and beautiful cycleways are also nearby
* Original homes are among the hottest properties in the lake and becoming rare

Water Rates: $988 PA + Usage approx
Council Rates: $2,984 PA approx

Property History for 512 The Esplanade, Warners Bay, NSW 2282

A timeline of how this property has performed in the market
Last Sold
$1,230,000
01 Jul 2023
  • 01 Jul 2023
    Sold for $1,230,000
  • 14 Jun 2023
    Listed for Sale Guide $1,200,000
  • 07 Jul 1987
    Sold for $148,000

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About Warners Bay 2282

The size of Warners Bay is approximately 5.9 square kilometres. It has 15 parks covering nearly 5.3% of total area. The population of Warners Bay in 2011 was 7,455 people. By 2016 the population was 7,611 showing a population growth of 2.1% in the area during that time. The predominant age group in Warners Bay is 40-49 years. Households in Warners Bay are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Warners Bay work in a professional occupation. In 2011, 72.7% of the homes in Warners Bay were owner-occupied compared with 73.4% in 2016.

Warners Bay has 4,759 properties. Over the last 5 years, Houses in Warners Bay have seen a 65.04% increase in median value, while Units have seen a 48.86% increase. As at 31 October 2024:

  • The median value for Houses in Warners Bay is $991,636 while the median value for Units is $787,820.
  • Houses have a median rent of $620 while Units have a median rent of $628.
There are currently 20 properties listed for sale, and 15 properties listed for rent in Warners bay on OnTheHouse. According to CoreLogic's data, 161 properties were sold in the past 12 months in Warners bay.

Suburb Insights for Warners Bay 2282

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.