14 Parry Avenue, Narwee NSW 2209

Level block | Flood overlay | Wide fronted | 3-bed house | Last sold 2025 This house presents a competitively strong, level parcel in a well-serviced suburb, defined by its practical wide frontage and absence of complex overlays beyond flood. The 2025 resale indicates recent market validation, and its position within established school catchments creates a immediate buyer pool of young families seeking entry into the area. The property’s core utility suits an owner-occupier seeking a straightforward home or an investor targeting stable, school-driven rental demand. The identified flood overlay imposes a tangible risk, likely elevating insurance premiums and potentially limiting future extension options, which directly impacts capital growth and holding costs. The smaller lot size and building footprint, when compared to larger local offerings, caps its premium value potential. Acquire this property as a long-term hold for its land value and positional convenience, not for speculative gain, with a clear due diligence mandate on flood-related costs and building potential.