121 Matron Porter Drive, Narrawallee NSW 2539
121 Matron Porter Drive, Narrawallee NSW 2539
Detached house on 632m² lot | Coastal low-density pocket | Lifestyle buyer demand | Premium street comparables | Bushfire overlay relevant
This property is a detached house on a 632 square metre lot, which places it in the larger end of the local residential market. The street is low-density, predominantly detached homes, and the presence of higher-value renovated houses in the same pocket indicates the area can support premium pricing for well-presented properties. The house is well suited to a family or downsizer wanting a coastal lifestyle without the upkeep of a large acreage, and its location within Narrawallee offers a quiet, established character that is increasingly sought after.
The property’s final market value may depend heavily on its internal condition and layout, as these are not confirmed. A dated interior might limit its appeal relative to renovated neighbours, while a modern fitout could place it at the top of the street’s price range. The presence of a bushfire overlay could affect insurance costs and buyer sentiment, and should be weighed carefully. Conversely, any coastal or reserve views, or a well-designed floor plan, would be meaningful value drivers.
>> Comparable Sales: 117 Matron Porter Drive sold $1.25M; five-bedroom house on the street sold $2.1M | Property Price Band: $1.3M–$1.4M | Value Drivers: condition, land size, presentation
Detailed Independent Property Report prepared by PropCred Analyst team for 121 Matron Porter Drive, Narrawallee NSW 2539
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
2
Income Risk
2
Execution Risk
2
URL has been copied successfully!
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.
URL has been copied successfully!
PropCred Estimated Value
Bedrooms
2
Bathroom
2
Parking
1
Land
557m²
URL has been copied successfully!