North Narrabeen at a glance
6,161
People
$2,437,500
Median sale
$942/wk
Median rent
2.01%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
NSW › North Narrabeen › Alleyne Ave
$2,500,000
Last sold
26 Nov 2021
4
Bedrooms
2
Bathrooms
0
Car spaces
784 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
$2,500,000
26 Nov 2021 · derived via latest_sale
Local land rate: recorded House sales in North Narrabeen (last 5 years) with land size have a median of $3,417/m² of land (n=73). Districts calculation from recorded sales — not a valuation.
North Narrabeen at a glance
6,161
People
$2,437,500
Median sale
$942/wk
Median rent
2.01%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
Vs North Narrabeen
+2.6%
Median sale
Suburb $2,437,500
-0.05 pp
Gross yield
Suburb 2.01%
Suburb median $2,437,500 from 10 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 $942/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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
North Narrabeen at a glance
6,161
People
$2,437,500
Median sale
$942/wk
Median rent
2.01%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Drake Real EstateCheck out the surf with panoramic ocean views of North Narrabeen. Framed in the foreground is an eye watering expanse of Narrabeen Lagoon with pristine dune sands and blue water shimmering on its way out to the entrance to the Lake.
The opportunity presented by this original two storey brick and tile home is sure to impress. This much-loved family home is sound and very livable right now and on the market for the first time since it was built, and we know that those who built first got the best spots. They don't come up very often, so this opportunity represents an unparalleled scope to expand or knock down and re-build to create your dream home.
On an impressive 784 sqm, with a very slight north of east aspect your home will be a vantage point to see the amazing palate of colours at different times of the day and even in the evenings too, from the moon rises coming up over the ocean's horizon. It's a stellar location on a no through road yet only a walk to schools, public transport or local shops.
The near original 60's home has all living spaces oriented to take advantage of the views and natural light. On the top floor, surrounded by timber decks is the cheery yellow laminate kitchen with a servery to the dining and the lounge with raked ceilings. You'll likely spend more of your time this summer entertaining on the expansive front deck admiring the impressive views and appreciating the cooling ocean breezes.
Other features include:
- Terraced garden with scope for a flat or pool (STCA)
- Main bedroom with private balcony and built-in is co-located with the second bathroom
- Two of the three additional bedrooms also boast ocean views, balcony access and positioning near the main full bathroom.
- Floor to ceiling windows
- Quiet community street
- 16m frontage
Undercapitalised homes in these very special locations are never on the market for long. The potential for development and adding value is enormous with this must-see opportunity of the area!
For more information, please contact Martha MacLaurin-Wood on 0437 627 842.
Listing description written by Martha Maclaurin-Wood, Drake Real Estate — reproduced as published, not verified by Districts.
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