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NSW › Narrawallee › Iluka Cres

35B Iluka Cres, Narrawallee NSW 2539

For saleSemi-detached for Sale

$1,250,000

For sale

Asking

4

Bedrooms

2

Bathrooms

1

Car spaces

347 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,250,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,250,000(Listing record · 22 June 2026)
  • CalculationAsk is 4% below the Narrawallee median recorded sale ($1,300,000, n=29, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Narrawallee's advertised median rent ($657/wk), implied gross yield would be 2.73% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$1,250,000

Asking · $3,602/m² of land

No recorded sale for this property.

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.

See the full Narrawallee report →

Vs Narrawallee

-3.8%

Median sale

Suburb $1,300,000

+0.10 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.

Total cost to purchase

Purchase Price
$1,250,000
Stamp Duty (New South Wales)
$50,762
Transfer/Registration Fee
$167
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,304,629

$54,629 on top of the price (4.4% extra)

  • Stamp Duty (New South Wales)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: New South Wales schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Narrawallee's advertised median rent — not a rent for this listing.

Net yield
1.23%
Annual cashflow (pre-tax)
$-49,586
Interest cover (DSCR)
0.24
Annual rent
$34,164
Operating expenses
$18,750
Loan amount
$1,000,000
Annual interest
$65,000
Gross yield
2.73%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$1,250,000available22 June 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

NSW

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 2.7%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.

Verdict

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    NSW Valuer General land values are not loaded for this property yet.

  • Net yield / holding costs

    Unknown

    NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.

Area

Narrawallee in one glance

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.

See the full Narrawallee report →

Keep researching

  • Why Narrawallee? Read the area thesis →
  • What else is on the market in Narrawallee →
  • Other records on Iluka Cres →

Listing material

Listed by Jo Jones Property

Coastal Elegance Meets Contemporary Luxury

Perfectly positioned in the highly sought-after beachside enclave of Narrawallee, 35B Iluka Crescent presents an exceptional opportunity to secure a newly built designer residence that seamlessly blends timeless Hamptons-inspired style with modern comfort and functionality.

Thoughtfully designed across two spacious levels, this stunning four-bedroom home offers an effortless lifestyle with premium finishes throughout. From the moment you step inside, you'll be captivated by the light-filled interiors, engineered timber flooring, soaring ceilings, and sophisticated coastal palette that creates an immediate sense of warmth and luxury.

At the heart of the home, the beautifully appointed chef's kitchen is sure to impress, featuring a walk-in pantry, stone bench-tops, premium cabinetry, and a striking 900mm freestanding stainless steel oven with gas cooktop. The open-plan living and dining spaces flow seamlessly to the outdoor entertaining area, creating the perfect setting for family gatherings and relaxed coastal living.

Read the full description

The luxurious master suite is a true sanctuary, complete with a spacious walk-in robe, elegant ensuite, dreamy waterwave sheer curtains that beautifully filter the natural light and a spacious balcony overlooking the tranquil treed reserve opposite. Wake each morning to leafy green vistas and enjoy the peaceful setting that makes this location so special.

Three additional bedrooms offer generous accommodation, all featuring plush carpeting, ceiling fans and large windows allowing in good natural light. A stylish family bathroom.

Designed for year-round comfort, the home features ducted reverse-cycle air conditioning throughout and ceiling fans, ensuring every season is enjoyed in complete comfort.

Situated less than 2 kilometres from the pristine sands of Narrawallee Beach, this exceptional residence embraces the very best of coastal living. Surrounded by picturesque walking paths, bike-friendly streets, and natural reserves, the location encourages an active outdoor lifestyle while remaining moments from Mollymook's cafés, restaurants, and shopping amenities.

Property Features To Fall In Love With:

• Newly built Hamptons-inspired designer home

• Four spacious bedrooms

• Luxurious master suite with walk-in robe, ensuite and balcony

• Beautifully appointed three way bathroom and ensuite in master suite

• Single lock-up garage with internal access

• Ducted reverse-cycle air conditioning throughout

• Engineered timber flooring to living areas

• Plush carpet to all bedrooms

• Ceiling fans throughout bedrooms

• Dreamy waterwave sheer curtains

• Designer chef's kitchen with walk-in pantry

• 900mm freestanding stainless steel oven with gas cooktop

• Stone bench-tops and premium finishes

• Light-filled open-plan living and dining spaces

• Less than 2km to Narrawallee Beach

• Opposite a peaceful treed reserve

• Fantastic area for walking, cycling and enjoying the coastal lifestyle

• Moments to Mollymook, local cafés, schools and amenities

Offering impeccable style, quality craftsmanship, and an enviable coastal address, 35B Iluka Crescent is a home that will captivate discerning buyers seeking luxury living by the sea.

Disclaimer: All information contained herein is obtained from property owners or third-party sources which we believe are reliable. We have no reason to doubt its accuracy, however we cannot guarantee it. All interested person/s should rely on their own enquiries.

Listing description written by Jo Jones, Jo Jones Property — reproduced as published, not verified by Districts.

Property features

  • Balcony
  • Broadband
  • Courtyard
  • Dishwasher
  • Ducted Cooling
  • Ducted Heating
  • Ensuites: 1
  • Floorboards
  • Fully Fenced
  • Living Areas: 1
  • Outdoor Entertaining
  • Remote Garage
  • Water Tank
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.