Settled residential sales data for Bonnells Bay NSW 2264. Sourced from NSW Valuer General. Updated Q1 2026.
Indicative settled sales, Bonnells Bay NSW 2264. Source: NSW Valuer General. Q1 2026.
| Address | Type | Price | Settled | Land m² |
|---|---|---|---|---|
| 14 Station Street | House | $1,020,000 | Mar 2026 | 612 |
| 7 Grand Parade | House | $1,150,000 | Mar 2026 | 740 |
| 23 Sunset Strip | House | $895,000 | Feb 2026 | 556 |
| 41 Jennifer Street | House | $870,000 | Feb 2026 | 504 |
| 3 Alan Road | House | $940,000 | Jan 2026 | 632 |
| 19 Pacific Highway | House | $980,000 | Jan 2026 | 680 |
| 8 Avoca Street | House | $1,080,000 | Dec 2025 | 720 |
| 2/11 Grand Parade | Unit | $595,000 | Mar 2026 | — |
| 5/24 Station Street | Unit | $565,000 | Feb 2026 | — |
| 1/6 Sunset Strip | Unit | $572,000 | Jan 2026 | — |
| Lot 4 Wyee Road | Land | $465,000 | Mar 2026 | 618 |
| Lot 7 Jennifer Street | Land | $445,000 | Feb 2026 | 582 |
| 32 Alan Road | House | $915,000 | Dec 2025 | 544 |
Data sourced from NSW Valuer General public records. Addresses are indicative. Individual property values vary based on size, condition, outlook, and features.
Bonnells Bay is a residential suburb on the southern shore of Lake Macquarie, approximately 115 kilometres north of Sydney and 35 kilometres south of Newcastle. The suburb sits at the base of a peninsula, with water access to the east and the Pacific Highway corridor to the west. It has attracted steady buyer interest from Sydney relocators seeking waterfront proximity at prices that remain below the broader Hunter Valley market.
The housing stock is predominantly detached houses on generous blocks, many with direct water access or lake views. The suburb includes a mix of older fibro cottages, renovated homes, and newer builds. Block sizes typically range from 450 to 750 square metres, with some larger irregular blocks on the waterfront.
Infrastructure is modest but functional. The suburb has a small commercial strip, access to Morisset train station via an eight-minute drive, and connects to the M1 Pacific Motorway. The Morisset hospital precinct provides employment for local residents, and the Westfield Kotara centre is accessible within 30 minutes.
The demographic profile is mixed. Long-term residents, younger families, and semi-retirees coexist in the suburb. Rental demand is solid, supported by proximity to Morisset employment and the broader Lake Macquarie lifestyle offering.
This section is educational, not financial advice. Whether Bonnells Bay suits your situation depends on your goals, timeline, and financial position. That said, here are the factors buyers typically weigh.
The suburb has recorded consistent year-on-year price growth across the past three years, driven by lifestyle-seeking buyers from Sydney and Newcastle. Entry prices for houses remain below $1 million at the median, which keeps it accessible for first-time investors and owner-occupiers. Land prices in the $420,000 to $490,000 range suggest development feasibility warrants investigation for sites meeting council requirements.
Key considerations include limited train access (bus or car to Morisset required), a modest local retail offering, and flood overlay affecting some low-lying lots. Buyers focused on capital growth have generally preferred north-facing properties with water views or direct access. Yield-focused investors have found the unit market more competitive, with gross rental yields in the 4.2 to 4.8 percent range at current prices.
FWG Advisory works with investors assessing sites in Bonnells Bay. We have completed development at 82 Station Street and 48 Grand Parade in this suburb. If you want a grounded assessment of a specific site or opportunity, we welcome the conversation.
We know this suburb well. FWG has delivered two developments here and maintains active site intelligence in Bonnells Bay and surrounds.