Eleebana
Suburb profile, market snapshot and recent listings for Eleebana, NSW 2282.
About Eleebana
Welcome to Eleebana
Eleebana sits on the eastern shores of Lake Macquarie, roughly 20 minutes south of Newcastle's CBD, on a peninsula that gives many of its streets clear water views across to Warners Bay and beyond. It's bordered by Croudace Bay, Tingira Heights, Valentine, Floraville and Marmong Point, part of a tight cluster of lakeside suburbs that have long been popular with families and downsizers wanting space, water access and a slower pace without giving up proximity to the city.
With a population of 6,460 and a median age of 45, Eleebana has the feel of an established, settled community rather than a transient rental market — most people here have put down roots. It suits buyers looking for a family home with room to move, boaties and lake enthusiasts, and anyone happy to trade inner-city buzz for water frontage and quiet streets.
Lifestyle & dining
Life in Eleebana revolves around the lake. Weekends bring paddleboarders, kayakers and walkers to the foreshore, and there's a strong boating culture given the suburb's protected bays and boat ramps. It's a low-key lifestyle rather than a cafe strip scene — for a bigger night out or a wider choice of restaurants and bars, residents tend to head to nearby Warners Bay or into Newcastle itself, both a short drive away.
The surrounding suburbs of Valentine and Croudace Bay share a similar laid-back, waterside character, which reinforces Eleebana's appeal as part of a broader lake lifestyle precinct rather than an isolated pocket.
Shopping
Everyday shopping is generally handled locally or via a short trip to Warners Bay, which offers a fuller retail and supermarket strip along with speciality shops and dining options. Residents also have Charlestown's major shopping centre within easy reach for bigger retail needs, making Eleebana convenient for day-to-day errands while still being close to a larger commercial hub.
Getting around
Eleebana is well positioned for drivers, with the Pacific Highway and connections toward the M1 Motorway making Newcastle, the Hunter Valley and Sydney all reasonably accessible. Local roads link through to Warners Bay, Charlestown and the broader Lake Macquarie road network, and commuters typically rely on car travel or bus services running through the area toward Newcastle and Charlestown, since there's no train line running directly through the suburb itself.
Schools & families
Eleebana Public School serves as the local primary school and is a real focal point for families in the area, contributing to the suburb's family-friendly, settled feel. Families with older children typically look to high schools in neighbouring suburbs, with the wider Lake Macquarie and Newcastle area offering a good range of public and private secondary options within a reasonable drive.
Parks & recreation
The lake itself is Eleebana's biggest recreational asset, with foreshore reserves, boat ramps and walking paths giving residents easy access to fishing, sailing and swimming spots. The surrounding pockets of bushland and reserve along the peninsula add to the outdoor appeal, and nearby Warners Bay Park and foreshore extend the options for picnics, playgrounds and lakeside walks just a few minutes away.
The property market
Eleebana's property market is overwhelmingly house-driven, with houses making up 93% of current listings against just 5% townhouses and 2% land — a reflection of the suburb's larger blocks and family-home character. The median house price currently sits at $1.43 million, and the market has been strong, with recent growth of 16.3% pushing values up noticeably over the past period.
Renters can expect a median asking rent of $950 per week, underlining Eleebana's position as a premium lakeside address. Buyers priced out of the immediate area often look toward Tingira Heights or Floraville for a similar lifestyle at a different price point, while Marmong Point and Valentine offer comparable waterside appeal for those wanting to stay close to the lake.
Market snapshot
Eleebana property market
Median sale price
$1.43m
House · 4 bed
Median rent
$950
per week
Gross rental yield
3.5%
annual rent ÷ sale price
Typical price range
Entry
$975k
Median
$1.43m
Premium
$1.84m
Days on market
28
Auction clearance
64%
Sold this year
41
Median sold price trend · House 4 bed
Compound growth +1.3% / yr over 4 yrs
Median price by bedrooms · House
Property types on market
Share of current listings in Eleebana by dwelling type.
Who lives here
Demographics
ABS Census 2021 figures for Eleebana, NSW 2282.
Population
6,460
residents (2021)
Median age
45
years
Household income
$2,227
median, per week
Median rent
$495
per week
Median mortgage
$2,167
per month
Mortgage / income
22%
comfortable
Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.
Education
Schools in Eleebana
Government school catchment
Recent results
Recently sold in Eleebana
$1.15m
29 Glad Gunson Drive
Sold ~July 2026
$2.65m
51 Burton Road
Sold ~July 2026
$1.07m
4 Maxine Close
Sold ~July 2026
$1.48m
22 Arrowfield Street
Sold ~July 2026
$1.72m
18 Chardonnay Court
Sold ~July 2026
$1.20m
61 Croft Road
Sold ~July 2026
$1.20m
51 Moani Street
Sold ~July 2026
$1.25m
100 Wyndham Way
Sold ~July 2026
Sold prices as published on the original listing; some may reflect the last advertised price. Dates are approximate.
Explore the area
Properties & amenities in Eleebana
Compare the area
Price map around Eleebana
Every listing for sale near Eleebana, coloured by price — so you can see how it stacks up against the streets and suburbs next door.
Loading price map…
Common questions
Eleebana suburb FAQ
What is the median property price in Eleebana?
The median house price in Eleebana, NSW is $1.43m for a 4-bedroom home. Over the past year, median sold prices have risen about 16.3%.
How much is rent in Eleebana?
The median weekly rent in Eleebana is around $950 per week.
Is Eleebana a good place to live?
Eleebana is a suburb of the City of Lake Macquarie in New South Wales, Australia, 18 kilometres (11 mi) from Newcastle's central business district along the eastern shoreline of Lake Macquarie. Eleebana is an established residential suburb in NSW, with a population of around 6,460 and 1 school in the area.
What is the population of Eleebana?
Eleebana has a population of 6,460 (ABS 2021 Census), with a median age of 45.
What schools are in Eleebana?
There is 1 school in or near Eleebana, including Eleebana Public School.
How long do homes take to sell in Eleebana?
Properties in Eleebana take around 28 days to sell on average, with an auction clearance rate of about 64%.
How much do you need to buy in Eleebana?
Entry-level properties in Eleebana start around $975k, while premium homes reach $1.84m.
What suburbs are near Eleebana?
Suburbs near Eleebana include Croudace Bay, Tingira Heights, Valentine, Floraville and Marmong Point.
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