3 Glenwood Road, Narara NSW 2250
3 Glenwood Road, Narara NSW 2250
Tri-level layout | valley views | 778 m² block | family-oriented cul-de-sac | established brick-and-tile build
This property holds a genuine competitive edge for its suburb. The tri-level configuration on a 778 m² block is uncommon in Narara, where most stock is single-level or modest split-level. The north-easterly aspect and valley outlook are rare, giving it a sense of elevation and privacy that typical flat-lot homes lack. Multiple living zones, a deck, and a balcony make it suited to families who want separation between shared and private spaces, or for buyers considering multigenerational living. It sits in a quiet pocket, close to schools, rail, and Gosford, which strengthens its appeal to commuters and upgraders seeking a detached house with character rather than a standard suburban build. The bushfire overlay is a practical consideration, but it does not diminish the property’s fundamental suitability as a family home.
The 778 m² land size is consistent with the street’s detached-house pattern, though the internal area of 193 m² is generous for a tri-level home. The split-level access might not suit every buyer, particularly those with mobility concerns or young children, and the hillside position could limit future extension options. The FTTN connection is adequate but not premium, which may matter for remote workers. The property’s value likely hinges on how well the existing presentation and layout align with buyer expectations for a view-oriented home in this price range. The December 2017 sale history suggests steady appreciation, but the street’s wide quality spread means condition and finish will be decisive in how this property compares to others in the immediate area.
|| Comparable Sales: 5 Glenwood Road sold for $1,185,000 in Jan 2025; 11 Glenwood Road recorded around $500k | Property Price Band: $1.0M–$1.1M | Value Drivers: land size, valley aspect, tri-level layout, condition and presentation
Detailed Independent Property Report prepared by PropCred Analyst team for 3 Glenwood Road, Narara NSW 2250
Checks found:
Value Risk
Liquidity Risk
Planning Risk
Income Risk
2
Execution Risk
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Market Insight
Narara, on the Central Coast, is a tightly held market where professionals aged 30-59 dominate, with a high share of Australian-born residents and upper-middle incomes. Houses sell fast: three-bedroom homes average nine days on market. The median house price is $1.028 million with 10.38% annual growth, supported by strong affordability relative to Sydney. Sales volume is solid at 118-128 in the past year. Demand is driven by population growth of 6.77% since 2016 and chronic rental undersupply; rents have risen 28.6%-51.2% since 2017. Future growth is underpinned by infrastructure links via Pacific Highway, but constraints include a shrinking stock of affordable rentals, with bond numbers down 43.5% on average.
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PropCred Estimated Value
Comparable Sales: 5 Glenwood Road sold for $1,185,000 in Jan 2025; 11 Glenwood Road recorded around $500k | Property Price Band: $1.0M–$1.1M | Value Drivers: land size, valley aspect, tri-level layout, condition and presentation
Bedrooms
3
Bathroom
2
Parking
3
Land
767m²
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