108 Wyndarra Way, Koonawarra is a 5 bedroom, 3 bathroom House with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in June 2026. There are other 5 bedroom House sold in Koonawarra in the last 12 months.
Positioned high on the elevated side of the suburb with breathtaking uninterrupted lake and ocean views stretching north, this tightly held family residence is being offered to the market for the first time in 25 years - a true reflection of just how loved and cherished this home has been.
Set on a generous 624m² block with ample space for a caravan, boat or additional vehicles, this substantial Masterton-built double-storey home offers incredible flexibility for large families, multi-generational living or those seeking additional income potential.
Designed to capture the spectacular outlook from multiple areas of the home, the expansive floorplan features five bedrooms, including a modern internal one-bedroom granny flat/studio with private side access, ideal for extended family, guests, teenagers, a home business or potential rental accommodation.
The oversized master suite is a true parents' retreat complete with walk-in robe, ensuite and stunning elevated lake and ocean views that create an incredible backdrop to wake up to each day.
Offering exceptional space throughout, the home also includes a huge upstairs living room, dedicated home office and multiple indoor living areas providing plenty of room for the whole family to spread out and enjoy. Multiple split system air conditioning units, a 5.5kW solar power system, alarm system and remote-control garage door add further comfort, security and efficiency to this quality-built residence.
Outside, the immaculate level rear yard provides the perfect setting for children, pets or entertaining while the elevated position maximises the spectacular uninterrupted outlook.
Constructed with a suspended slab and positioned in one of the suburb's most desirable elevated locations, this is a rare opportunity to secure a beautifully maintained family home with space, versatility and spectacular scenery.
Feature Points
• Quality Masterton-built double-storey home
• 5 bedroom home, including a studio with private side access
• Elevated position with uninterrupted lake and ocean views to the north
• First time offered to the market in 25 years
• 624m² block with room for a caravan, boat or additional vehicles
• Enormous master bedroom with walk-in robe, ensuite and breathtaking views
• Huge upstairs living room
• Dedicated home office downstairs
• Multiple living areas throughout
• Suspended slab construction
• Multiple split system air conditioning units
• 5.5kW solar power system
• Alarm system
• Remote-control garage door
• Immaculate level backyard
• Incredible opportunity for dual living or additional income potential
Council rates: $2,117.70 per annum
Estimated weekly rent: $1,100-$1,200 per week
Please contact Shane Szakacs on 0417435585 for further details
The size of Koonawarra is approximately 2.2 square kilometres. There are 11 parks, covering nearly 26.9% of the total area. The population of Koonawarra in 2016 was 3667 people. By 2021 the population was 3732 showing a population growth of 1.8% in the area during that time. The predominant age group in Koonawarra is 20-29 years. Households in Koonawarra are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Koonawarra work in a community and personal service occupation.In 2021, 56.00% of the homes in Koonawarra were owner-occupied compared with 55.60% in 2016.
Koonawarra has 1,462 properties. Over the last 5 years, Houses in Koonawarra have seen a 38.23% increase in median value, while Units have seen a 23.66% increase. As at 30 June 2026:
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