21 Waratah Parade, Narraweena NSW 2099
21 Waratah Parade, Narraweena NSW 2099
Large 6-bed family house | 635 m² block in a school catchment | Solar panels and 4-car parking | High-occupancy layout suited to extended families
This property stands out for its uncommon six-bedroom configuration on a mid-sized 635 m² block, which is a rarity in a suburb where three to five bedrooms is the norm. The generous built form, covering half the site, suggests a substantial residence with genuine space for a large family, multi-generational living, or those needing dedicated home-office areas. Its position in a quiet, family-oriented pocket near Narraweena Public School and local shops makes it particularly suited to buyers prioritising everyday convenience over beachfront glamour. The solar panels add a practical, cost-saving layer, while the combination of two garage and two open spaces covers both daily parking and visitor needs comfortably.
The property’s value may be shaped by its above-average bedroom count relative to land size, which could appeal strongly to a specific buyer pool but might narrow interest from those seeking a more conventional layout. The lack of documented views or a premium elevation means its worth is driven primarily by internal space and location utility rather than outlook. Buyers should weigh the potential for future subdivision or ancillary accommodation, given the block’s dimensions and the area’s permissive planning context, though this remains speculative without further investigation. Condition and fitout quality are unverified, so a thorough inspection would clarify how much updating is required.
|| Comparable Sales: 65 Waratah Parade sold at $1.25M in 2018; 1-3 Waratah Parade sold at $1.2M in 2020 | Property Price Band: $2.4M–$2.5M | Value Drivers: six-bedroom layout, land size relative to built form, school catchment proximity
Detailed Independent Property Report prepared by PropCred Analyst team for 21 Waratah Parade, Narraweena NSW 2099
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
2
Income Risk
Execution Risk
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Market Insight
Narraweena is a tightly held family enclave within Sydney’s Northern Beaches, characterised by strong owner-occupier demand for established homes. This demographic is driving a competitive market, evidenced by rapid sales and low vacancy, which has supported significant price appreciation. Future growth is underpinned by its enduring appeal as a coastal retreat, though high entry prices and limited unit supply present constraints on affordability and market fluidity.
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PropCred Estimated Value
Comparable Sales: 65 Waratah Parade sold at $1.25M in 2018; 1-3 Waratah Parade sold at $1.2M in 2020 | Property Price Band: $2.4M–$2.5M | Value Drivers: six-bedroom layout, land size relative to built form, school catchment proximity
Bedrooms
5
Bathroom
3
Parking
4
Land
635m²
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