1 Allunga Place, Narrawallee NSW 2539
1 Allunga Place, Narrawallee NSW 2539
Coastal lifestyle positioning | Family-oriented configuration | Strong beach proximity demand | Bushfire overlay consideration | Low-density suburban character
This property sits within a coastal suburb where the housing mix leans toward family homes, duplexes, and townhouses, with an average dwelling size of 3.4 bedrooms. The location near Narrawallee Beach and Inlet gives it a lifestyle advantage that consistently appeals to families seeking practical layouts with parking and updated interiors, as well as downsizers looking for low-maintenance living. The suburb’s average household size of two people suggests a meaningful couple and downsizer presence alongside family buyers, making this property well-suited to serve both segments depending on its final configuration.
The value of this property may be shaped by its land size and whether it offers a detached house or a lower-maintenance townhouse format, as these factors influence buyer pool size and price ceiling. A bushfire overlay in the area might affect insurance costs and lending considerations, which could narrow demand slightly. Presentation and condition will likely play a significant role in how this compares to other coastal stock, with modern kitchens, fresh paint, and new flooring being features that local buyers respond to. The absence of confirmed flood or heritage overlays suggests fewer regulatory hurdles, but exact zoning and title details should still be verified before forming a final view on price.
Detailed Independent Property Report prepared by PropCred Analyst team for 1 Allunga Place, Narrawallee NSW 2539
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
1
Income Risk
1
Execution Risk
1
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Market Insight
Narrawallee, a coastal NSW suburb, is positioned as a tightly held, retiree-oriented market: the dominant 60-69 age bracket and professional buyer base underpin steady demand, with 47 sales in the past year and a 0.36% vacancy rate. Median house price sits at $1.29 million, reflecting 2.4% annual growth, though two-year listing data shows a -3.53% decline, signalling softer momentum. Future growth hinges on established households seeking three-to-five-bedroom homes, evidenced by recent sales up to $1.65 million, and a tight rental market at $600 weekly. Key constraints are affordability—prices exceed the NSW aggregate—and volatile supply, with stock varying 10.3% year-on-year. Vehicle dependence and limited school catchment data add caution.
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PropCred Estimated Value
Comparable Sales: 2/8 Woodalla Way sold $1.3M (4-bed townhouse); 15 Iluka Cres sold $700K (1165m² land) | Property Price Band: $1.2M–$1.3M | Value Drivers: Land size, dwelling condition, beach proximity
Bedrooms
3
Bathroom
1
Parking
1
Land
474m²
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