42 Excelsior Parade, Carey Bay, NSW 2283 | House for sale | OnTheHouse
FOR SALE
$899,000

42 Excelsior Parade
Carey Bay NSW 2283

Bedrooms: 3
Bathrooms: 2
Car spaces: 3
Land area: 645m2
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Unique Dual-Income Opportunity in Sought-After Carey Bay

Perfectly positioned in one of Lake Macquarie's most desirable lakeside suburbs, this unique dual-income property presents an exceptional opportunity for investors, extended families, or those seeking flexible living options. Set on a generous Level 645m2 Corner block, this single-level residency has been well designed to offer two self contained units under one roof- delivering strong returns and long-term potential.
One side is a quaint two-bedroom unit that offers comfort and functionality, currently returning $500 per week. On the other, a one-bedroom plus office unit provides versatility and convenience currently returning $350 per week- together offering a combined $850 per week income.
Step inside to discover character-filled interiors, polished timber floors, and a rustic-style kitchens, that adds warmth and individuality. The single-level design, solar panels and seperate parking makes it practical and efficient, while it's prime location ensures lasting appeal.
- Dual-income opportunity- two self-contained units under one roof.
- Dual Street Frontage
- Single-level layout for convenience and accessibility.
- Distinctive stone exterior with strong street appeal.
- Solar Panels for reduced energy costs.
- Perfect for investors down-sizers , or live-in-one/rent-the-other flexibility.
- Rustic style-kitchen featuring timber cabinetry, brick accents, and natural light.
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Property Details for 42 Excelsior Pde, Carey Bay

42 Excelsior Pde, Carey Bay is a 3 bedroom, 2 bathroom House with 3 parking spaces. The property has a land size of 645m2. The place is currently for sale with Dream Property Agents.

Building Type
House
Land Size
645m2
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About Carey Bay 2283

The size of Carey Bay is approximately 0.5 square kilometres. It has 4 parks covering nearly 12.0% of total area. The population of Carey Bay in 2016 was 896 people. By 2021 the population was 865 showing a population decline of 3.5% in the area during that time. The predominant age group in Carey Bay is 70-79 years. Households in Carey Bay are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Carey Bay work in a professional occupation.In 2021, 71.10% of the homes in Carey Bay were owner-occupied compared with 69.30% in 2016.

Carey Bay has 524 properties. Over the last 5 years, Houses in Carey Bay have seen a 67.75% increase in median value, while Units have seen a 48.62% increase. As at 30 November 2025:

  • The median value for Houses in Carey Bay is $966,708 while the median value for Units is $846,727.
  • Houses have a median rent of $660 while Units have a median rent of $435.
There are currently 5 properties listed for sale, and no properties listed for rent in Carey bay on OnTheHouse. According to Cotality's data, 15 properties were sold in the past 12 months in Carey bay.

Suburb Insights for Carey Bay 2283

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Kristy McCabe
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.