Eleebana, NSW

FAIR VALUE

4,083 sales · 36 years of data · NSW, Australia

$1,300,000
Median (All)
$1,322,500
Median (Houses)
$880,000
Median (Apartments)
7.1%
10yr CAGR
6.9%
36yr CAGR
3.1%
Strata %
36 years of data · 4,083 sales analysed · 2,500+ suburbs · Updated weekly

Eleebana, NSW Property Market Overview

Eleebana, NSW 2282, is a lakeside suburb located in the Lake Macquarie region, offering a relaxed lifestyle with convenient access to both the lake and the city of Newcastle. With a substantial 36 years of property data, AusPropertyInsights.app analysis reveals a total of 4,083 recorded sales in Eleebana. The current median property price in Eleebana is $1,300,000, reflecting its desirability and established residential character.

Eleebana's property market comprises primarily houses, as reflected in the current median house price of $1,322,500, while apartments have a median of $880,000. The suburb's growth has been steady, with a strong long-term capital appreciation. Eleebana is known for its family-friendly environment, proximity to water activities, and leafy streets.

Currently fair value
Relative to the long-term price trend line
$500K invested 10yr ago → $992,807
Based on the 10-year compound annual growth rate of 7.1%
Predominantly houses3% apartments
97% of sales are houses and other non-strata properties
Loading chart...

Property Mix

97%
Houses 97%$1,322,500Apartments 3%$880,000

Data You Can Trust

Every figure backed by NSW government sale records

7 million+
verified sale records
2,500+
NSW suburbs covered
36 years
of market history
Weekly
NSW Gov. data updates

What Subscribers See

A preview of the full analysis available for Eleebana

Street Rankings

Top streets in Eleebana, NSW by median sale price

See which streets command the highest prices and how many sales back each ranking.

#StreetTypeSalesMedian Price
1Cherry RdHouse6$2,465,000
2Woodside DrHouse5$1,440,000
3Ian StHouse8$1,171,250
4Seaview ClHouse5$1,300,000

... and 129 more streets available

Subscribers also see:

  • Street price per m² analysis
  • Street annual growth rates (CAGR)
  • Premium vs discount % comparison
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Price per m²

Streets by price per square metre

Compare land and building value across streets — essential for finding underpriced pockets.

#StreetTypeSalesMedian $/m²
1Cassegrain ClHouse3$1,861/m²
2Cherry RdHouse6$1,025,179/m²
3Moani StHouse5$1,968/m²
4Toonibal AveHouse4$2,170/m²

... and more $/m² rankings

View full $/m² data
Growth Rates

Fastest growing streets by median price

10-year compound annual growth rate (CAGR) by street — see which streets are outperforming the suburb.

#StreetType10yr CAGR
1Toonibal AveHouse+9.9%
2Seaview ClHouse+8.1%
3Jonathan StHouse+9.1%
4Ridgewood CresHouse+8.1%

... and more street growth rates

See all growth rates

Past growth rates are not indicative of future performance. This data is for informational purposes only.

Building Analytics

Building-by-building comparison

25
apartment buildings analysed

Compare individual buildings by price per sqm, median unit price, and sales volume. Identify which buildings are gaining or losing value relative to the suburb average.

View full building data
Risk Indicator

Flipper risk & hold period analysis

Available with full access
 

Properties resold within 2 years may signal problems — structural issues, noisy locations, or overpayment. See hold period distribution and flagged streets.

See flipper risk data
Risk Indicator

Settlement times & problem streets

48
average days to settlement

Extended settlement times can indicate building defects, financing difficulties, or legal issues. See which streets have the longest settlement periods.

See settlement data
Suburb Change

Density & development tracking

3%
apartments across 25 buildings

Track which streets are converting from houses to apartments. Understand how density is changing the suburb's character and property values over time.

See density trends

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133 streets and 25 buildings to explore

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3 street rankings
All 133 streets ranked
Cycle chart preview
Full chart — all years
Basic median prices
Price per m² by street
Suburb-level growth only
10-year CAGR by street
Building count only
25 buildings compared
Summary stats only
Flipper risk + settlement data

Based on 4,083 verified property sales across 36 years · Last updated: February 2026

Trusted by 100+ property investors across NSW

Eleebana at a Glance

Region
Lake Macquarie
CBD Distance
130km north of Sydney CBD
Train Station
Warners Bay Station (closest station)
Council
Lake Macquarie City Council
Property Character
Established residential with low-density housing
Community
Families and retirees seeking a lakeside lifestyle

Eleebana, NSW

Map data © OpenStreetMap contributors

Local Amenities


Living in Eleebana, NSW

Living in Eleebana offers a blend of lakeside tranquility and suburban convenience. The suburb is known for its family-friendly atmosphere, with numerous parks, reserves, and recreational facilities. Eleebana Public School serves the local community, providing quality education for young families.

Eleebana is close to major shopping centres such as Charlestown Square, offering a wide range of retail, dining, and entertainment options. Residents enjoy easy access to Lake Macquarie, perfect for boating, fishing, and water sports. The suburb boasts a relaxed and community-oriented vibe, making it an appealing place to call home.

Popular parks in the area include Green Point Foreshore Reserve and Eleebana Oval, providing ample space for outdoor activities and picnics. The local community actively participates in events and initiatives, fostering a strong sense of belonging. Eleebana combines natural beauty with urban convenience, creating a desirable lifestyle for its residents.


Who Buys in Eleebana?

Eleebana primarily attracts families seeking a safe and community-oriented environment. The suburb's excellent schools, parks, and recreational facilities make it an ideal place to raise children. The median house price of $1,322,500 indicates a market catering to established families and professionals.

The lower strata percentage of 3.1% suggests that most buyers prefer houses over apartments. Eleebana also appeals to downsizers looking for a relaxed lakeside lifestyle. The historical CAGR of 7.1% over the past 10 years has attracted buyers seeking long-term capital growth. Eleebana's stability and desirable location make it a popular choice for owner-occupiers.

Market Analysis

According to AusPropertyInsights.app analysis, Eleebana's property market is currently assessed to be near its long-term trend, indicating fair value. This suggests that property prices in Eleebana are aligning with historical growth patterns and economic fundamentals. This 'fair value' cycle position provides a balanced perspective on the suburb's current market dynamics.

For potential buyers and sellers, this cycle position suggests a market where prices are neither significantly inflated nor heavily discounted. Eleebana's stability can be attributed to its established residential appeal and consistent demand. Investors and homeowners alike can view this position as a sign of a healthy and sustainable market in Eleebana.


Is Eleebana a Good Investment?

Eleebana presents a property market with a history of consistent growth. The suburb's 10-year CAGR of 7.1% and full-period CAGR of 6.9% demonstrate its potential for long-term capital appreciation. Eleebana's appeal lies in its lakeside location, family-friendly environment, and proximity to major amenities.

The current assessment of Eleebana's property market being near its long-term trend indicates a market that is neither excessively overvalued nor undervalued. This cycle position suggests a balanced market with sustainable growth potential. Eleebana's desirability and established residential character contribute to its long-term stability.

Factors driving property values in Eleebana include its limited housing supply, strong demand from families, and ongoing infrastructure development in the Lake Macquarie region. These elements combine to create a market with solid foundations for future growth.


Eleebana Market Outlook

As of early 2026, Eleebana's property market remains stable and desirable. The suburb's cycle position indicates that it is near its long-term trend, reflecting a balanced market. Recent price trends suggest steady growth, driven by ongoing demand and limited housing supply.

Eleebana's appeal to families and downsizers continues to support property values. The suburb's desirable lifestyle, excellent schools, and proximity to Lake Macquarie contribute to its long-term prospects. As of early 2026, Eleebana is positioned as a reliable and attractive property market.

Streets & Location in Eleebana, NSW

Eleebana, postcode 2282, features a total of 133 streets, each contributing to the suburb's unique character. Some of the top streets by median price in Eleebana include Burton Rd, Dalwood Cl, and Wyndham Way. These streets are highly sought-after due to their desirable locations, quality homes, and appealing streetscapes.

Eleebana's lakeside location provides residents with easy access to water activities, parks, and scenic views. The suburb's proximity to major amenities and transport links further enhances its appeal. Eleebana offers a blend of suburban tranquility and urban convenience.

Market Dynamics

The property market in Eleebana exhibits efficient transaction patterns. The average settlement time for properties in Eleebana is 48 days, indicating a relatively quick and streamlined sales process. This efficiency reflects a healthy level of market activity and buyer confidence.

Currently, data on quick-flip percentages in Eleebana is not available, suggesting a focus on longer-term ownership rather than short-term speculation. The stable growth and desirable lifestyle of Eleebana contribute to its appeal as a place to settle down.

Development & Density

Eleebana features a primarily low-to-medium density residential landscape. The suburb has 25 apartment buildings, representing a relatively small portion of the overall housing stock. This contributes to Eleebana's character as a predominantly house-dominated suburb.

The development density in Eleebana reflects a balance between providing housing options and preserving the suburb's spacious and leafy environment. The focus on houses and larger properties appeals to families and those seeking more room to move. Eleebana maintains a relaxed and suburban feel.

Growth & Property Mix

Eleebana has demonstrated consistent property value growth over the long term. The suburb has achieved a 10-year Compound Annual Growth Rate (CAGR) of 7.1%, showcasing its solid performance in recent years. Looking further back, Eleebana has a 20-year CAGR of 5.4%, and over the entire 36-year data period, a CAGR of 6.9%. These figures highlight Eleebana's ability to deliver sustained capital appreciation.

The property mix in Eleebana is predominantly houses, with apartments representing a smaller percentage of the total market. This composition contributes to the suburb's appeal to families and those seeking larger properties.

All data on this page is sourced from NSW government property sale records. Market analysis, cycle positions, growth rates, and all other metrics are provided for informational purposes only and do not constitute financial, investment, legal, or property advice. Always seek independent professional advice before making any property or financial decisions.

This information is based on historical sales data and does not constitute financial, investment, or property advice. Past performance is not indicative of future results. Always consult a qualified professional before making property decisions.

Frequently Asked Questions about Eleebana, NSW

What is the median property price in Eleebana?
The current median property price in Eleebana is $1,300,000. This figure reflects a combination of house and apartment sales within the suburb, offering a general indication of property values.
Is Eleebana overvalued or undervalued?
According to our analysis, Eleebana is currently assessed to be near its long-term trend. This suggests that the property market in Eleebana is at fair value, aligning with historical growth patterns.
How has the Eleebana property market performed over 10 years?
The Eleebana property market has shown strong growth over the past 10 years, with a Compound Annual Growth Rate (CAGR) of 7.1%. This indicates consistent capital appreciation for properties in Eleebana during this period.
What percentage of Eleebana is apartments vs houses?
Apartments make up a smaller portion of the property market in Eleebana, with a strata percentage of 3.1%. This indicates that the majority of properties in Eleebana are houses, contributing to its suburban character.
Where is Eleebana in the property cycle?
Eleebana is currently assessed to be near its long-term trend in the property cycle. This means that the market is considered to be at fair value, aligning with historical growth patterns and economic fundamentals.
What schools are near Eleebana?
Eleebana Public School is located within the suburb, providing primary education to local children. Nearby schools also include Warners Bay High School and St Mary's Primary School, offering a range of educational options for families.
What is Eleebana like to live in?
Eleebana offers a relaxed lakeside lifestyle with a strong sense of community. The suburb features numerous parks, reserves, and recreational facilities, making it an ideal place for families and those seeking an active outdoor lifestyle.
Is Eleebana good for families?
Eleebana is generally considered a great place for families, with its excellent schools, numerous parks, and safe residential environment. The availability of houses and larger properties further enhances its appeal to families.
How far is Eleebana from Sydney CBD?
Eleebana is approximately 130km north of the Sydney CBD. Travel to Sydney is typically by car via the Pacific Motorway or by train from nearby stations.
What transport options are in Eleebana?
While Eleebana itself doesn't have a train station, Warners Bay Station is nearby. Bus services connect Eleebana to surrounding suburbs and major centres. The Pacific Highway is also easily accessible, providing convenient road transport.
How does Eleebana compare to nearby suburbs?
Compared to nearby suburbs like Warners Bay and Belmont, Eleebana offers a similar lakeside lifestyle but with potentially different price points. Median property prices and growth rates can vary depending on the specific location and property type.
Is Eleebana a good first home buyer suburb?
Eleebana may present challenges for first home buyers due to its relatively high median property price. However, the availability of apartments and smaller houses could provide entry points for some buyers.
What are the best streets in Eleebana?
Some of the top streets in Eleebana, based on median property prices, include Burton Rd, Dalwood Cl, and Wyndham Way. These streets are known for their desirable locations and quality homes.
How many properties have been sold in Eleebana?
Over the past 36 years, a total of 4,083 properties have been sold in Eleebana. This substantial number of sales provides a comprehensive dataset for analysing the suburb's property market trends.
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