11/2-6 Robertson Street, Narrabeen NSW 2101
11/2-6 Robertson Street, Narrabeen NSW 2101
Low-rise brick unit stock | Lakeside village walkability | First-home and investor demand | Older finishes likely | Unit-specific outlook unverified
This unit sits within a well-established low-rise apartment pocket in central Narrabeen, where the immediate street context is defined by solid brick walk-up buildings and leafy, east-facing outlooks. The configuration most likely matches the local norm: two bedrooms, one bathroom, and a single car space, often with a balcony and internal laundry. What makes this property competitively positioned is its proximity to the lake edge, beach, village shops, and B-line buses, all within a short level walk. That lifestyle convenience supports consistent demand from first-home buyers and investors, and the building’s older character offers a more attainable entry point than newer stock nearby. The buyer best served here is someone seeking a low-maintenance coastal foothold with strong rental appeal or a manageable renovation project.
The property’s value may be shaped by its floor level, aspect, and the extent of any prior updating, as these factors materially affect light, privacy, and perceived quality in older walk-up buildings. Finishes are likely dated, which may present either a discount opportunity or a cost to address, depending on the buyer’s tolerance for renovation. The presence of a resident pool and lock-up garage in nearby buildings suggests comparable amenities may exist here, but confirmation of the unit’s exact condition and orientation is needed before forming a firm price view. The surrounding sales activity indicates a well-supported price level for this pocket, though presentation will remain the key swing factor.
Detailed Independent Property Report prepared by PropCred Analyst team for 11/2-6 Robertson Street, Narrabeen NSW 2101
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
2
Income Risk
1
Execution Risk
2
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Market Insight
Narrabeen, on Sydney’s Northern Beaches, remains a tightly held coastal market: just 27 house sales in the past year, 60 days on market, and a median price of $4.25m after 41.67% annual growth. Units are softer – median $1.21m, down 6.56% annually, with 179 sales and 42 days on market. Long-term fundamentals are stronger: 5.8% compound growth over 36 years and a 130.8% decade gain to $1.985m. Lifestyle demand keeps pressure on freehold stock, but 59.5% of properties are strata-titled, limiting supply. Rental yields are modest: 2.43% for houses and 3.39% for units, with weekly rents of $898 and $825 respectively. Future appreciation hinges on rate settings; the market sits below its long-term trend, though recent stabilisation suggests a floor.
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PropCred Estimated Value
Comparable Sales: 6/10-12 Robertson Street sold $1.1M; 9/2 Robertson Street sold $1.02M | Property Price Band: $0.9M–$1.0M | Value Drivers: condition, floor level, outlook, renovation scope
Bedrooms
2
Bathroom
1
Parking
1
Land
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