Back 28 Milray Street
Off Market

28 Milray Street

Swansea NSW 2281

4
1
2
1322 m²
House
David BoneDavid Bone, last sold this property on 16 October 2025 after 80 days on market.

Overview

PRIME DEVELOPMENT OPPORTUNITY IN A THRIVING AREA

An exceptional opportunity awaits with the combined offering of 26 and 28 Milray Street, Swansea. Two neighbouring properties with immense potential, is now available for Expressions of Interest. Held lovingly for many years by the one family, the potential is almost unheard of in the Swansea area. Location: Set in the heart of Swansea, just moments from local shops, schools and equal walking distance from Lake Macquarie and a short cycle ride to Caves Beach, this rare dual R3 Zoned site, offers the perfect blend of lifestyle and development appeal. 28 Milray Street, is a four bedroom 2 bathroom brick home and tile with outstanding elevated district and Lake Macquarie views on a magnificent 1,300m2 plus parcel of land. A magnificent landscaped garden where the increase of equity abounds. Whether it's a home for your adventurous side, or a barbeque in the private rear yard, options are obvious. Together, the properties present a generous combined landholding ideal for redevelopment (STCA). With a combined street frontage of 40 metres and a favourable R3 zoning, this is a dream for builders, developers or savvy investor looking to capitalise on a thriving lakeside location. A large 2 car garage with a massive, workshop, storage area and an area which is ideal for a rumpus room. Family room overlooks the rear yard, while the magnificent outlook from the north facing lounge room has spell binding views. The solid Brick and tile home has outstanding views of Lake Macquarie, Redhead Bluff and an over view of Swansea from the front verandah, while the 3 bedrooms have the benefit of facing the northern aspect with filtered views of the suburb. Luscious grounds and gardens surround the home are move down the site to the front lower area. Highlights include: - 28 Milray Street, Swansea 1322m2 zoned R3 - 4 generous sized bedrooms, all with ceiling fans, three with robes built in. - Two bathrooms one on each level (the downstairs toilet and shower are in separate areas). - Combined 28 and 26 Milray Street, Swansea has a combined land area over 2,650 m/2 - The two titles can be amalgamated to create a mega development site. - Or either block can be purchased, renovated or developed independently. - Both parcels of land are Zoned R3 and have sections of areas which have a rain forest appeal. - Close to the cycleway so you can walk or ride to Caves Beach - Close to Lake Macquarie and its water wonderland - Close to major shops, cafes and schools Council Rates: $608.00 PQ approx. Water Rates: $807.00 PA approx. + usage Disclaimer: We have obtained all information provided here from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations and satisfy themselves of all aspects of such information including and without limitation, any income, rentals, dimensions, areas, zoning, inclusions and exclusions.

Features

4 bedrooms
1 bathroom
2 carspaces
1322 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Swansea over the last 12 months, the estimated median property value of 28 Milray Street is $1.3m.

Median value
$1.3m
Estimated value range
$850k - $3.08m
Median days on market
43
Estimated value trend
15%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Swansea. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 28 Milray Street

2025
Rented
Undisclosed
Leased on 10 Nov 2025 by First National Engage Eastlakes
2025
Sold
Undisclosed
Private Sale/Treaty on 16 Oct 2025 by David Bone, of First National Engage Eastlakes

Happy sellers in Swansea

89%
89% of sellers in Swansea reported that their sale price either exceeded or met their price expectations.

Swansea stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 43 reviews in Swansea over the last 12 months.

Local market activity for 4 bedroom houses in Swansea

In the last 12 months, 23 four-bedroom houses similar to 28 Milray Street, have been sold.

This represents a 4% decrease in four-bedroom houses sales when compared to the previous 12 months.

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