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 › Parkinson St
$1,795,000–$1,895,000
For sale
Asking range
4
Bedrooms
3
Bathrooms
1
Car spaces
309 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
Asking
$1,795,000–$1,895,000
Asking range · $5,809/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.
Vs Narrawallee
+38.1%
Median sale
Suburb $1,300,000
-0.73 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.
Based on the low end of the asking range, not a contract price.
$84,604 on top of the price (4.7% extra)
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.
Based on the low end of the asking range, not a contract price.
Pre-filled with Narrawallee's advertised median rent — not a rent for this listing.
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.
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.
Gross yield if leased at the suburb aggregate is 1.9%. 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
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/MiltonJust 150 metres from the golden sands of Narrawallee Beach, this brand-new Torrens Title duplex, set one street back from the beach, delivers a rare fusion of architectural sophistication and relaxed coastal living.
From the moment you arrive, the striking reclaimed brick facade sets the tone, earthy, modern and undeniably eye-catching. Step inside to an expansive entry crowned by a dramatic two-storey void, drawing you through to a light-filled open plan living and dining zone. High square-set ceilings and polished concrete floors create a refined yet grounded aesthetic, perfectly suited to its beachside setting.
At the heart of the home, a gourmet kitchen impresses with a statement island bench, engineered stone surfaces, European appliances including induction cooktop, 900mm oven, and beautifully crafted Boston Oak Polytec feature cabinetry, designed for both everyday living and effortless entertaining.
Seamless indoor-outdoor flow leads to a stunning alfresco kitchen, complete with built-in stainless-steel BBQ and sink. With its prized easterly aspect, this is the perfect space to entertain while enjoying cooling sea breezes.
Upstairs, a second living area with engineered oak flooring offers a relaxed retreat, opening onto a private balcony where you can unwind as the sun sets.
The primary suite is a true sanctuary, featuring a fitted walk-in robe, private balcony , and a luxurious ensuite appointed with premium ABI tapware, feature lighting and mosaic feature tiles.
Inclusions elevate comfort throughout: inline air conditioning downstairs, fully ducted system upstairs controlled by smart screens on both floors, ceiling fans in all bedrooms, video intercom, keyless entry, designer feature lighting and skylights that plays beautifully with natural light.
The main bathroom is nothing short of indulgent, showcasing a back-to-wall soaking tub, mosaic feature tiles, and ambient lighting, while a guest bathroom on the lower level caters perfectly to visitors.
Additional highlights include a built-in bench seat with study nook, plantation shutters for a timeless coastal feel, landscaped gardens with watering systems, and an outdoor hot and cold shower, ideal after beach days.
Positioned to enjoy the very best of the South Coast lifestyle, you're moments from the calm waters of Narrawallee Inlet, and just minutes to the vibrant dining scene of Mollymook, including favourites like Gwylo, The Rooftop Bar & Grill, and Rick Stein at Bannisters.
Investor appeal is further enhanced under the latest Federal tax reform proposals, with newly built duplexes expected to retain full negative gearing benefits from 1 July 2027 - positioning this property as a compelling opportunity for forward-thinking investors seeking strong depreciation and tax advantages.
A statement in coastal luxury, this is a home where design, quality, and location come together in perfect harmony.
(Disclaimer: This information is general in nature only and does not constitute financial or taxation advice. Buyers should carry out their own due diligence and seek independent advice from a qualified accountant or financial adviser regarding their individual circumstances and the latest NSW/Australian tax legislation).
Listing description written by Ben Pryde, Raine & Horne Mollymook/Milton — reproduced as published, not verified by Districts.