Eleebana NSW Property Investment

Lake Macquarie · 2282 · Score: 59/100 · Hold

Median House Price
$1.39M
Rental Yield
3.1%
Vacancy Rate
2.7%
Median Weekly Rent
$840/wk
Median Unit Price
$718K
Population
6,460
Days on Market
42 days
Annual Growth
6.0%

Eleebana Short-Term Rental (Airbnb) Market

Avg Nightly Rate
$523/night
Occupancy Rate
40%
Est. Annual Revenue
$76K

Estimated revenue assumes year-round availability. Non-hosted short-stays are night-capped in some councils (e.g. 60 nights across most of Byron Shire, 180 in Ballina, Muswellbrook and parts of Greater Sydney) and levied in Victoria — the legal cap can cut achievable income well below this figure. Run STR Check for the rules on a specific address.

AI Investment Analysis

Eleebana NSW Investment Brief

## 1. Investment Verdict Hold – the decisive figure is the 3.1 % gross rental yield, which sits at the low‑end of what most investors target for cash‑flow properties.

## 2. Market Overview - Median house price: $1,392,500 - Median unit price: $717,500 - 1‑yr price growth: 6.0 % - 5‑yr CAGR: 7.5 % per year - 3‑yr growth forecast: 13.5 %

*Signal:* Price growth remains solid (6 % YoY) and the 5‑yr CAGR of 7.5 % suggests a historically strong appreciation trend. With a 3‑yr forecast of 13.5 %, sellers can expect continued price pressure, while buyers face higher entry costs and limited price‑negotiation leverage. Days on market data is not supplied, so we cannot comment on market speed.

## 3. Rental Market - Median weekly rent: $840 / wk - Gross rental yield: 3.1 %

*Vacancy rate* and *demand rating* are not provided, so we cannot quantify vacancy risk or tenant demand. The 3.1 % yield indicates modest cash‑flow potential; investors should treat Eleebana as a capital‑growth‑oriented suburb rather than a high‑yield rental market.

## 4. Short‑Term Rental Opportunity No STR data (nightly rate, occupancy, or estimated annual revenue) is supplied. Without those figures we cannot assess whether a long‑term rental (LTR) or short‑term rental (STR) strategy would be superior.

## 5. Infrastructure & Growth Drivers The data set does not list any specific infrastructure projects, transport upgrades, or major employment hubs. Consequently we cannot identify concrete demand drivers or constraints beyond the general price‑growth trends shown above.

## 6. Bull Case If the 3‑yr growth forecast of 13.5 % materialises and rental income remains at the current $840 / wk, a median house priced at $1,392,500 could appreciate to roughly $1,580,800 (13.5 % increase). Assuming the rent stays unchanged, the gross yield would rise to about 3.5 %, improving cash‑flow prospects.

## 7. Risks | Risk | Quantified Concern | |------|--------------------| | Yield pressure | Current gross yield of 3.1 % is below the 4‑5 % range many investors seek. | | Vacancy uncertainty | Vacancy rate is not disclosed; a rise could erode the already thin yield. | | Interest‑rate sensitivity | With a high median house price, any increase in borrowing costs will disproportionately affect cash‑flow. | | Supply pipeline | No data on upcoming housing supply; a surge could dampen price growth and increase vacancy. |

## 8. The Play - Entry range: Target purchases around the median house price of $1,392,500 (or median unit price of $717,500 for lower‑cost entry). - Minimum yield target: ≥ 3.5 % gross to compensate for low cash‑flow and rate risk. - Watch signals: * Release of days‑on‑market data (shortening would favour sellers). * Changes in the vacancy rate or rental demand rating. * Any announced infrastructure or transport projects that could lift demand. - Recommended strategy: Hold existing positions while monitoring the above signals. If a property can be acquired at a price that lifts the gross yield to 3.5 % + or if new infrastructure is announced, consider a selective buy‑in. Otherwise, maintain a hold stance and focus on capital‑growth expectations rather than cash‑flow.

Gentrification Index

Pre-gentrification3.5/10
▼High SEIFA decile — already upgraded or established affluent area
▲Above-average capital growth (7.5% CAGR)
▲Active development pipeline (6746 approvals) — supply attracting new residents
▲Strong public transport infrastructure — supports walkable gentrification

Growth Forecast

high confidence
1yr Forecast
6.6%
p.a.
2yr Forecast
6.0%
p.a.
5yr Forecast
5.3%
p.a.

Basis: 5yr CAGR 7.5% + 10yr CAGR 6.4%

Growth drivers
  • +Above-average population growth (1.8%/yr)
Headwinds
  • −High supply pipeline (6746 new approvals) — may cap price growth

Suburb Metric Thresholds

7 green6 yellow3 red
Rental Vacancy Rate
2.7 high impact
Days on Market
42 high impact
Weekly Rent (house)
840 medium impact
5yr Price CAGR
7.49 high impact
10yr Price CAGR
6.43 high impact
1yr Price Growth
6 medium impact
Population Growth
1.79 high impact
Median Household Income
1825 medium impact
Unemployment Rate
3.4 medium impact
Public Transport Score
6.3 medium impact
School Zone Quality
8.1 medium impact
Distance to CBD
104.78 medium impact
SEIFA Advantage/Disadvantage
8 medium impact
Owner Occupier Rate
79.7 medium impact
Gross Rental Yield (%)
3.14 high impact
Net Rental Yield (%)
1.64 high impact

Macro Environment

Macro Indicators

Cash Rate

4.35%

▲ 0.25%

Cash rate as at 2026-05-06 · Credit data 2026-07

Suburb Supply & Demand

Suburb Supply Pipeline — New Dwelling Approvals

1,253

2020

1,328

2021

1,498

2022

1,359

2023

1,308

2025

New dwelling approvals — higher numbers mean more future supply

Socio-Economic Profile

Source: ABS Census 2021

SEIFA Index · Postcode 2282

Most disadvantagedLeast disadvantaged

Decile 9 of 10 — Low disadvantage

Population

16,146

Education (IEO)

8/10

Econ. Resources (IER)

8/10

10-Year Investment Projection

Modelled on Eleebana NSW data — rent, capital growth, tax, and depreciation over 10 years.

Pre-filled: $840/wk median rent for Eleebana. Capital growth and rent increase are editable assumptions.

Schools

In your catchment

Eleebana PS
PrimaryGovernment
8.1/10
Warners Bay HS
SecondaryGovernment
7/10

These are the government-school zones containing this suburb centroid. Specific addresses within the suburb may fall in different catchments — confirm with the school directly.

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Data sourced from ABS, state government property sales, and Airbnb market analytics. For informational purposes only — not financial advice.