Narraweena at a glance
7,012
People
$2,351,741
Median sale
$589/wk
Median rent
1.30%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
NSW › Narraweena › Waratah Pde
$2,520,000
Last sold
22 Sept 2021
3
Bedrooms
2
Bathrooms
2
Car spaces
594 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
$2,520,000
22 Sept 2021 · derived via latest_sale
Local land rate: recorded House sales in Narraweena (last 5 years) with land size have a median of $3,982/m² of land (n=90). Districts calculation from recorded sales — not a valuation.
Narraweena at a glance
7,012
People
$2,351,741
Median sale
$589/wk
Median rent
1.30%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
Vs Narraweena
+7.2%
Median sale
Suburb $2,351,741
-0.08 pp
Gross yield
Suburb 1.30%
Suburb median $2,351,741 from 25 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 $589/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
Narraweena at a glance
7,012
People
$2,351,741
Median sale
$589/wk
Median rent
1.30%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by CunninghamsWe are currently conducting virtual interactive inspections along with physical private viewings on request, please reach out for details on how to log on for virtual inspections.
Auction 24th September 2021
FIND. A softly landscaped floral frontage provides a warm welcome into this 594sqm cornerside gem hiding an ultra-modern pavilion-style design that packs an architectural punch. The bold simplicity of the design and level flow onto charming gardens makes for a family home a cut above the rest.
LOVE. With its combined laundry and bathroom, the backyard studio has plenty of potential as a self-contained unit with its own separate access. Or provide excellent privacy for a home office, music or art studio.
• Ocean glimpses viewed from the street signal further potential to enjoy views from a possible second storey or mezzanine STCA
• Set on a prime position at the corner of a laneway-like street, plenty of windows take full advantage of northerly sunshine
• The living room flows effortlessly onto the picturesque garden with fantastic flexibility to create different living zones inside
• Accommodate growing families and guests easily with a five-burner gas stovetop and wide oven in the kitchen
• A double sink on the kitchen island and breakfast bench is a popular, sociable design feature in a position that overlooks the living area through to the backyard
LIVE. Enjoy a charming village lifestyle with an easy level walk to both Alfred St and May Rd shops as well as schools and bus stops. Reach playing fields, community centre, tennis courts and dog park metres away for the ultimate in convenience, weekend and weekday alike.
Covid-19 Information: Please ensure you have read and understand our most up to date Covid-19 safety guidelines and conditions of entry to our offices and open homes. Please click the following link, or search ""Covid"" on our blog, for full details: bit.ly/COVIDsafe28Jun21
Disclaimer: Whilst every effort has been made to ensure the accuracy and thoroughness of the information provided to you in our marketing material, we cannot guarantee the accuracy of the information provided by our Vendors, and as such, Cunninghams makes no statement, representation or warranty, and assumes no legal liability in relation to the accuracy of the information provided. Interested parties should conduct their own due diligence in relation to each property they are considering purchasing. All photographs, maps and images are representative only, for marketing purposes.
Listing description written by Matt Nicastri, Cunninghams — reproduced as published, not verified by Districts.