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45 The Esplanade, Oak Flats$2m
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45 The Esplanade

Oak Flats, NSW 2529, Australia
$1.95m – $2.05m
5 bed 3 bath 4 car664 m²

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About this property

There are homes you buy… and then there are places that change the way you live. Positioned along one of the most tightly held stretches of Lake Illawarra, this is more than a property - it is a rare opportunity to secure your own piece of waterfront paradise in Oak Flats. Properties like this simply do not come to market often. And when they do, they are held for generations. Wake Up to the Water: From the moment you wake, the home draws your attention outward - to the stillness of the lake, the soft morning light, and the ever-changing natural landscape beyond. The master suite is perfectly positioned to capture this outlook, offering a daily connection to the water that few homes can replicate. The Heart of the Home: At the centre of the home, the kitchen presides over the living and dining spaces - a true hub designed for connection. Here, everyday living becomes something more. Conversations flow, meals are shared, and every moment is framed by uninterrupted views across the water. It's a space that brings people together, while always keeping the beauty of the outdoors front of mind. Seamless Indoor to Outdoor Living, step outside, and the lifestyle truly unfolds. The transition from indoors to outdoors is effortless - designed for long lunches, relaxed evenings, and everything in between. Whether it's entertaining family and friends or simply enjoying a quiet moment, this is where the home comes into its own. Space, Flexibility and Future Potential: The home offers four well-proportioned bedrooms and three bathrooms, thoughtfully designed to accommodate growing families or multi-generational living. With multiple living zones, there is space for everyone - whether it's a quiet retreat, entertaining, or everyday family life. For those seeking flexibility, the layout presents an opportunity to configure the home into a dual-living arrangement - ideal for short-term accommodation or Airbnb potential. Maybe you have adult children living at home, and they require their own privacy, maybe it's in-laws who require single-level living and a watchful eye and a helping hand. This home caters for every situation. Adding further value, there is an approved DA for two 2-bedroom units within the existing dwelling, as there are no load bearing walls under the roof line, offering a compelling pathway for future development or investment. A Space to Create and Escape: Separate from the main residence, a detached studio complete with a kitchenette provides a private sanctuary - perfect as an artist's retreat, home office, or guest accommodation. It's a space that invites creativity, focus, and quiet moments away from the main home. - Practicality Without Compromise - Lockable double garage - Expansive carport for additional vehicles, boats or caravans - Generous storage throughout All the essentials are here - without ever compromising the lifestyle. A Rare Opportunity: Waterfront homes are not just purchased - they are secured, held, and treasured. This is a property that offers not only a beautiful place to live, but a lifestyle that cannot be replicated and an opportunity that becomes harder to find with each passing year. This is your chance to secure something truly special. Waterfront living in Oak Flats is not just about the view - it's about the lifestyle that unfolds the moment you step outside your door. Here, your backyard becomes your playground. Mornings can begin on the water, whether it's launching a kayak, gliding across the lake on a stand-up paddle board, or casting a line in the calm, glassy conditions that make this stretch of Lake Illawarra so special. For boating enthusiasts, it's effortless - no packing the car, no planning the day - just step outside and go. Afternoons take on a slower pace. The shoreline invites you to wander, to pause, to take in the ever-changing outlook as the light shifts across the water and quite literally at your doorstep is the walking track - a lifestyle feature that many seek, but very few are fortunate enough to have so directly connected to their home. Whether it's a morning walk, an evening unwind, or a weekend bike ride, it becomes part of your everyday rhythm. This is the beauty of waterfront living here - it seamlessly blends activity with stillness. It's as energising as it is calming. And once you experience it, it's very hard to imagine living any other way. Disclaimer: All information contained herein is obtained from property owners or third-party sources, which we believe are reliable. We have no reason to doubt its accuracy; however, we cannot guarantee it. All interested person/s should rely on their own enquiries.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
5
Bathrooms
3
Parking
4
Land Area
664 m²
Listed
2 months ago

Repayment calculator

$9,696/month
$4,848 /fortnight
Loan $1,600,000 at 6.10% over 30 years

Upfront costs

Deposit$400,000
Stamp duty$90,224
Conveyancing (est.)$2,000
Total upfront$492,224
Verify with NSW revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Oak Flats

This 5-bedroom house in Oak Flats, NSW 2529 sits within reach of public transport, local shops and nearby schools. It is listed 117% above the $920,000 median of 66 comparable houseswithin 5 km.

Schools near Oak Flats

  • Balarang Public Schoolprimary · K-6 · CoEd
  • Oak Flats Public Schoolprimary · P-6 · CoEd
  • Corpus Christi Catholic High Schoolsecondary · 7-12 · CoEd
  • Oak Flats High Schoolsecondary · 7-12 · CoEd

What's nearby

  • The Boulevard after Leamington Rd (bus)477 m away
  • Swimart Pool & Spa Servicez677 m away
  • Unnamed28 m away
  • Oak Reserve279 m away
  • Jilba Park616 m away

Oak Flats at a glance

Full suburb profile
Population
6,840
Median age
42
Household income
$1,488/wk
Median rent
$440/wk
Median mortgage
$1,950/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Oak Flats price trend

Median sold · House 3 bed

Compound growth +3.0% / yr over 4 yrs

$900kcurrent median

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Price history

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3 price changes recorded for this property

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