11 Tatiara Cres, North Narrabeen NSW 2101
11 Tatiara Cres, North Narrabeen NSW 2101
Freestanding house | 557m² block | 12m elevation | North Narrabeen | Auction 9 May.
The property offers a rare combination of a freestanding house on a 557m² lot in North Narrabeen, with a low 36% building coverage that leaves significant potential for future extension or reconfiguration. Its 12m ground elevation provides a natural advantage for light and airflow, and the absence of bushfire, flood, or heritage overlays removes common constraints. This suits a buyer seeking a solid entry into a tightly held street with room to add value, particularly families targeting the Elanora Heights Public School catchment.
The main risk is the dated single-bathroom layout, which may limit appeal to owner-occupiers without immediate renovation. The 198m² floor area is modest for the land size, meaning the buyer effectively pays for land with improvement upside. Commercial logic favours a hold-and-improve strategy: extend or update within the existing footprint to lift equity before refinancing or selling. Use this property as a long-term base in a stable Northern Beaches pocket with FTTP connectivity as a practical bonus.
Detailed Independent Property Report prepared by PropCred Analyst team for 11 Tatiara Cres, North Narrabeen NSW 2101
Checks found:
Value Risk
!
1
Liquidity Risk
✕
2
Planning Risk
✓
Income Risk
✕
2
Execution Risk
✓
Market Insight
This established suburb presents a premium housing market, currently experiencing a period of price recalibration. Recent data indicates a softening in house values, with sales activity remaining measured and properties taking time to transact. Demand appears anchored by the established rental market, which offers stable yields for investors. Future performance will hinge on broader economic factors influencing buyer sentiment in this higher-priced segment.
PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
2
Land
557m²
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