32 Narelle Cres, Woonona NSW 2517
32 Narelle Cres, Woonona NSW 2517
5 bed family scale | 566m² parcel | 2 car accommodation | Woonona coastal setting
This property offers a genuinely competitive configuration for Woonona, where five-bedroom family houses on medium-sized parcels are not the everyday norm. The 566m² land area provides practical outdoor space without the maintenance burden of a larger block, while the double garage adds real utility for families with multiple vehicles or storage needs. It sits comfortably in the upper tier of local family housing, appealing most to owner-occupiers seeking established coastal living with room to grow. The combination of bedroom count and land size positions this as a property that should hold strong appeal among move-up buyers prioritising space over proximity to the beach itself.
The value picture may be shaped by how the interior condition compares to recently updated homes in the area, as well as the specific aspect and street presentation. The absence of confirmed building age means potential maintenance considerations should be weighed into any offer strategy. The land size, while solid for a family home, may limit subdivision or redevelopment upside, meaning the property’s value will likely rest on its liveability and configuration rather than development potential. Buyers should also consider how the layout flows for everyday family use, as five-bedroom homes vary significantly in practical functionality.
Detailed Independent Property Report prepared by PropCred Analyst team for 32 Narelle Cres, Woonona NSW 2517
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
2
Income Risk
2
Execution Risk
1
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Market Insight
Woonona is a premium market: the median house price is $1,473,500 across 128 sales, yet the 12-month house growth is only 1.5%, a sharp contrast to the 3.9–5.1% compound/capital growth measures. Units sit at a $875,000 median and are growing faster at 5.4–6.1%. Demand is driven by established couples with children, mostly outright owners, and a high-income population — a profile that supports stability rather than speculation. Market time signals are selective: the 64-day overall house average obscures 28 days for 3-bedroom houses, while 4-bedroom stock takes 40 days. Rental yields are modest: 3.2% for houses, 3.5–4.0% for units; weekly rents are $890 and $670–$680 respectively. The key constraint is affordability at the current entry point, and with vacancy and supply data absent, any sustained acceleration in house prices rests on conditions already priced in.
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PropCred Estimated Value
Comparable Sales: 14 Royal Crescent sold $1.45M; 39 Corrie Road sold $1.62M | Property Price Band: $1.3M–$1.4M | Value Drivers: bedroom count, land size, garage capacity, coastal suburb demand
Bedrooms
5
Bathroom
2
Parking
2
Land
565m²
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