1/7 Jenkins Street, Narrabri NSW 2390

Renovated two-bedder in quiet strata | walking distance to everything | 7% yield potential | flood overlay flagged | strong recent comparable sales. The unit’s competitive advantage lies in its post-renovation condition paired with a location that commands consistent rental demand in Narrabri. The open-plan layout, modern kitchen and bathroom, and private courtyard reduce immediate maintenance obligations, making this a low-friction proposition for an investor or an owner-occupier seeking a lock-and-leave home. The December 2025 sale of a comparable unit at $260,000 provides a recent, concrete benchmark that supports the current asking range, while the property’s own 2021 purchase history of around $192,000 demonstrates strong capital growth in a market where similar units have traded steadily. This unit suits a buyer prioritising yield and walkability over space, or an investor wanting a straightforward entry into a regional market with reliable tenant demand. The flood overlay is the primary risk, and it demands a professional inspection report before any offer. This overlay may narrow the buyer pool at resale and could affect insurance premiums, but it does not appear to have suppressed recent sales in the complex. The property’s yield potential of approximately 7% at current rental estimates is commercially logical for a regional investment, and the low-maintenance brick construction supports a long hold strategy. Use this unit as a core holding in a regional portfolio or as a cost-effective owner-occupied base with minimal upkeep.