True Cost of Buying in Narraweena

Market Intelligence

Narraweena, NSW 2099 is a highly sought-after suburb on the Northern Beaches of Sydney, offering a unique blend of lifestyle, market position, and investment outlook. With a median house price of $1,850,000 and a median unit price of $920,000, Narraweena is positioned as a premium suburb with a strong demand for housing. The suburb boasts a walkability score of 72/100, making it an attractive option for families and professionals who value convenience and accessibility. The local schools have a rating of 8/10, and the safety rating is also 8/10, providing residents with a sense of security and well-being. In terms of investment, Narraweena has a strong growth potential of 75/100 and a rental yield of 3.2% for houses, making it an attractive option for investors. The suburb's proximity to the CBD, approximately 23km away, and its relatively low vacancy rate of 1.2% further solidify its position as a desirable investment destination. With a median income of $95,000 and a population of 3,200, Narraweena is an affluent suburb with a strong sense of community. Overall, Narraweena presents a compelling opportunity for investors, families, and professionals looking for a high-quality lifestyle and a strong potential for long-term growth.