8/67-69 Graham Road, Narwee NSW 2209
8/67-69 Graham Road, Narwee NSW 2209
Top-floor 2-bed unit | security building | 101m² | flood overlay noted | established Narwee pocket
This unit holds a genuine edge for its size class. A top-floor position in a security block is uncommon in Narwee’s older walk-up stock, and the timber floors, double glazing, and split air-conditioning lift it above the original-condition units that dominate this pocket. The single lock-up garage adds practical weight, especially for buyers who commute or store gear. It suits first-home buyers wanting a move-in-ready home, downsizers trading house maintenance for lock-and-leave living, or investors chasing steady commuter demand near the station and shops. The 2-bed, 1-bath layout is the suburb’s core entry configuration, so resale appeal is broad rather than niche.
The flood overlay is the main factor to weigh. It may affect insurance premiums or lender appetite, and it could temper future price growth compared to unaffected units. The building’s older construction and average tenure signal established stock, so renovation potential is limited, but the current finishes already address most modern expectations. The 2019 sale history and active rental market suggest liquidity, yet the lack of a build year means structural condition is unverified. Buyers should budget for a building inspection and strata review to confirm no major capital works loom. The estimated rent of $625 per week offers a reasonable yield, though the 3-bed units in the same complex show where family demand sits.
|| Comparable Sales: 9/67–69 Graham Road sold $820k (2024); 3/67–69 Graham Road sold $620k | Property Price Band: $700k–$800k | Value Drivers: top-floor position, modern finishes, flood overlay risk, garage inclusion
Detailed Independent Property Report prepared by PropCred Analyst team for 8/67-69 Graham Road, Narwee NSW 2209
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
1
Income Risk
2
Execution Risk
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Market Insight
Narwee presents a stable, family-oriented market underpinned by strong fundamentals. Demand is driven by families and first home buyers seeking relative affordability and established amenities, with investors attracted to higher-yielding units. The market demonstrates solid capital appreciation, with houses moving at a measured pace. Future growth is supported by its resilient appeal and diverse housing options, though its established character may limit new supply.
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PropCred Estimated Value
Comparable Sales: 9/67–69 Graham Road sold $820k (2024); 3/67–69 Graham Road sold $620k | Property Price Band: $700k–$800k | Value Drivers: top-floor position, modern finishes, flood overlay risk, garage inclusion
Bedrooms
2
Bathroom
1
Parking
1
Land
1277m²
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