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 › Surfers Ave
$2,950,000
Last sold
1 Feb 2023
6
Bedrooms
4
Bathrooms
1
Car spaces
797 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
$2,950,000
1 Feb 2023 · derived via latest_sale
Local land rate: recorded House sales in Narrawallee (last 5 years) with land size have a median of $1,791/m² of land (n=60). 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
+126.9%
Median sale
Suburb $1,300,000
-1.47 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/MiltonBUY NOW, MOVE IN FOR SUMMER, this walk-in ready beachside weekender is awaiting, move in or holiday let for this summer, you deserve it!
Watch the sun rising over the horizon as the sea mist lifts and the waves roll in, savour a morning cup of tea on the front verandah with stunning views of Narrawallee Beach or take a relaxing stroll along the waters edge. This home is the complete surprise package, extraordinary views, super spacious with room for the extended family to stay or you can continue with the already successful beachside holiday letting. To be sold walk-in walk-out with a residence and two separate holiday lettings. Divided into three areas of accommodation - the main residence 'Saltwater' upstairs, the 'Beach House' on the lower level and the separate 'Pool House' at the rear of the property. The 'Saltwater' residence is like your very own 3 bedroom, 2 bathroom penthouse apartment. Open plan living flows to the large entertaining deck, a modern kitchen features striking charcoal cabinetry, timber bench tops, induction cooktop and wow, your very own coffee station. Wake to views of the ocean and the soothing sound of the surf from your master bedroom including a sumptuous ensuite with luxurious corner spa bath and sliding door access to the sun-drenched balcony. On the lower level is the ideal family guest accommodation, self-contained with kitchen, large living area with 9' ceilings, 2 bedrooms and bathroom plus a fabulous paved BBQ entertaining area also taking in the ocean and beach vistas. The 'Pool House', a luxe Airbnb villa overlooks the sparkling resort style solar heated pool and spa with travertine surrounds and tropical landscaping. The 'Pool House' offers additional income or self-contained accommodation for the family. Less than a 200 metre stroll to Narrawallee Beach and close to Mollymook Beach and its array of restaurants including Rick Stein at Bannisters and Gwylo. Only a short drive to Mollymook's two fabulous golf courses, Milton's cafe and boutique shopping strip and Cupitts vineyard and restaurant. With expansive views stretching from the escarpment to the beach and coastline beyond, this beachside home has all the elements to complement a magnificent coastal lifestyle.
Featuring:
* Plantation shutters and feature lighting throughout
* Floating timber flooring
* Study or optional bedroom
* Reverse cycle air conditioning
* Semi-commercial laundry (large appliances included)
* Large drive through single garage with storage for the beach gear
* Option to purchase the furniture in the 'Beach House' and 'Pool House'
* Solar heated concrete pool and spa (gas back up heating for the spa)
Listing description written by Ben Pryde, Raine & Horne Mollymook/Milton — reproduced as published, not verified by Districts.