Narrawallee at a glance
1,500
People
$1,300,000
Median sale
$657/wk
Median rent
2.63%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
NSW › Narrawallee › Matron Porter Dr
$1,355,000
Last sold
26 Nov 2020
5
Bedrooms
3
Bathrooms
2
Car spaces
588 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$1,355,000
26 Nov 2020 · derived via latest_sale
Local land rate: recorded House sales in Narrawallee (last 5 years) with land size have a median of $1,821/m² of land (n=61). Districts calculation from recorded sales — not a valuation.
Narrawallee at a glance
1,500
People
$1,300,000
Median sale
$657/wk
Median rent
2.63%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
Vs Narrawallee
+4.2%
Median sale
Suburb $1,300,000
-0.11 pp
Gross yield
Suburb 2.63%
Suburb median $1,300,000 from 29 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
NSWPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Rental
No advertised rent is recorded. Suburb median rent $657/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownNSW Valuer General land values are not loaded for this property yet.
Net yield / holding costs
UnknownNSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Area
Narrawallee at a glance
1,500
People
$1,300,000
Median sale
$657/wk
Median rent
2.63%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Raine & Horne Mollymook/MiltonCome and discover what relaxed coastal living is all about. Away from the crowds and the traffic our stunning area offers a smorgasbord of amazing pristine beaches to walk and swim, beautiful lakes to paddle and fish and stunning National Parks to wander and explore.
The home at 149 Matron Porter Drive enjoys contemporary exteriors and spacious coastal interiors. Surrounded by quality homes in a tightly held pocket, the home is bathed in natural light and features a large undercover deck with views of the beautiful blue waters of Narrawallee Beach. Stroll down the road for your morning dip as the sun comes up or your afternoon beach walk at sunset.
It's gentle split level layout allows for flexibility and would be great for the large family or multi-generational living. Upstairs are 4 generous bedrooms including the en-suite master bedroom, family sized gourmet kitchen with granite bench tops and living spaces taking in the ocean views. Mid-level is a large games/media room and the lower level has a fabulous self contained studio featuring its own kitchenette, bathroom and entrance - perfect for extra income through Air BNB rentals, the ideal home office for working remotely or private accommodation for family or friend stays.
Only minutes away is Mollymook Beach, world famous restaurant by acclaimed chef Rick Stein @ Bannisters, the Tallwood Ave cafe precinct, historic Milton township that features fine food cafes, galleries and the popular Milton Theatre. Whether you're looking to escape the city for a permanent sea-change or wanting the ideal holiday home, phone today for more information.
* 250m to Narrawallee Beach
* Lovely ocean views
* Internal self contained studio - ideal for a home office or Air BNB rentals
* Air conditioned for year round comfort
* Tandem garage with additional lock up internal door
* Low maintenance 588m2 block
* Landscaped yard equipped with 4000L water tank
Listing description written by Ally Mitchell, Raine & Horne Mollymook/Milton — reproduced as published, not verified by Districts.