16/1351 Pittwater Road, Narrabeen NSW 2101
16/1351 Pittwater Road, Narrabeen NSW 2101
2 bed unit | top floor leafy outlook | lake glimpses | flood overlay flagged | 83sqm on busy arterial
This unit offers a rare combination of size and outlook for a two-bedroom apartment in Narrabeen โ 83 square metres with an elevated position, covered balcony and lake views is not common at this price point. The floorboards and built-in robes signal a well-presented interior, and the secure parking adds practical weight. For buyers targeting the Northern Beaches school catchment or lifestyle proximity to the lake and beach, this property holds genuine appeal. It suits owner-occupiers more than investors, given the busy road position and strata constraints.
The flood overlay is the primary risk and must be quantified before any offer โ it affects insurance premiums and resale pool. Pittwater Road traffic noise is a secondary but real consideration for liveability and future buyer appetite. The property last traded in 2015 and has not been tested in a rising rate environment. On the opportunity side, the 70% owner-occupier building profile suggests stable management and lower turnover risk. Hold this unit as a long-term lifestyle base, not a short-term flip, and let the location and size do the work over time.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 16/1351 Pittwater Road, Narrabeen NSW 2101
Market Insight:
Narrabeen is a coastal Northern Beaches suburb with a diverse property mix, demonstrating strong long-term capital growth. Recent market conditions show a distinct divergence, with house values experiencing significant growth while the unit market has softened. Demand is supported by the suburb’s established coastal appeal, though the market remains sensitive to broader economic conditions. A key consideration is the high proportion of strata-titled apartments, which can influence overall market dynamics and price stability.