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Narraweena

NSW 2099LGA: Northern Beaches

Investment Score

78

/100

AI Intelligence Summary

Narraweena is a well-established residential suburb on Sydney's Northern Beaches, offering an attractive blend of coastal lifestyle and suburban tranquility. Located just 800 meters from Narrabeen Beach, this family-oriented community of 3,200 residents enjoys excellent schools, strong property values, and a genuine neighborhood feel. The suburb features predominantly detached houses on generous 650sqm blocks, appealing to families and professionals seeking quality of life without the premium prices of oceanfront locations. With median house prices around $1.85 million, Narraweena represents solid value within the prestigious Northern Beaches market. The community benefits from quality infrastructure including Narraweena Public School, proximity to Warriewood Square shopping, and reliable bus connections to the CBD. Strong demographics show high education levels (45% university educated), above-average incomes ($95,000 median), and low unemployment (3.2%). The property market demonstrates consistent growth with low vacancy rates (1.2%) and strong owner-occupancy (78%), indicating market stability and desirability.

Strengths

  • Prime Northern Beaches location just 800m from Narrabeen Beach and lagoon
  • Strong family demographics with excellent local schools and community facilities
  • Solid property market fundamentals with consistent growth and low vacancy rates
  • High owner-occupancy rates (78%) creating stable, established neighborhood character

Opportunities

  • Continued Northern Beaches infrastructure improvements enhancing connectivity
  • Growing demand for family-friendly coastal suburbs driving long-term value
  • Potential for property renovations and improvements on larger land parcels
  • Development of nearby Warriewood Valley creating additional amenities

Considerations

  • Limited direct rail connectivity requiring bus transfers for CBD commuting
  • Higher property prices may limit affordability for first-time buyers
  • Distance from CBD (23km) creates longer commute times during peak periods
  • Limited new development opportunities due to established suburban character

Property Market

Median House

$1.85M

+8.2% 1yr

Median Unit

$920K

+6.5% 1yr

Median Townhouse

$1.35M

Rent (House)

$1,150/wk

Rent (Unit)

$725/wk

Days on Market

28

Vacancy Rate

1.2%

Auction Clearance

75.0%

Price Growth

Type1 Year3 Year5 Year
House+8.2%+18.5%+32.8%
Unit+6.5%+15.2%+28.4%

Rental Yields

House Yield

3.2%

Unit Yield

4.1%

Townhouse Yield

3.6%

Investment Scorecard

Overall Investment Score78/100
Growth Potential75/100
Cashflow Score65/100
Risk Score (lower = safer)75/100
Affordability Index45/100

Demand/Supply Ratio: 1.80

Demand exceeds supply — favourable for sellers

Tax & Financial Intelligence

CPA-grade analysis for Narraweena at median house price

Standard transfer
$84,140
First Home Buyer
$84,140
Foreign buyer surcharge
$148,000

+8% surcharge

Annual rent income
$59,800

$1150/wk

Interest (80% LVR @ 6.5%)
-$96,200
Other expenses (~2.5%)
-$46,250
Net rental position
-$82,650

Negatively geared

Tax benefit (39% MTR)
+$32,234

Reduces taxable income

After-tax holding cost
$50,417/yr

~$970/week

Based on 6.6% p.a. growth (from 5-year trend), 50% CGT discount, 39% MTR

5-Year Hold

Est. value
$2.54M
Capital gain
$598,418
After discount
$299,209
CGT payable
$116,692

10-Year Hold

Est. value
$3.49M
Capital gain
$1.55M
After discount
$774,464
CGT payable
$302,041

Investor Quick Summary

Entry cost (stamp duty)

$84,140

After-tax yield

1.95%

Weekly holding cost

$970/wk

10yr CGT (est.)

$302,041

Estimates based on FY2025 NSW rates at median house price. Assumes 80% LVR, 6.5% interest rate, 39% marginal tax rate ($135K-$190K bracket). Individual circumstances vary. This is general information only and not personal financial advice. Consult your CPA before making investment decisions. Local Knowledge Pty Ltd — Registered Tax Agent.

Demographics

Population

3,200

Median Age

42

Median Income

$95K

per annum

Family Households

68.0%

Professionals

52.0%

University Educated

45.0%

Unemployment

3.2%

Born Overseas

28.0%

Dwelling Mix

Houses: 75%Units: 18%Townhouses: 7%Total: 1,280

Lifestyle & Community

Walkability72/100
Public Transport7/10
Schools Rating8/10
Safety8/10
Family Friendly9/10
Cafes & Restaurants

8

Parks

6

Hospitals

1

Distance to CBD

23.0 km

Nearest Station: Wynyard Station (via bus)

Coastal lifestyle with beach access, family-friendly parks, local sports clubs, quality schools, and convenient shopping at nearby Warriewood Square, creating an ideal environment for raising families while enjoying Northern Beaches amenities.

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Data sourced from multiple sources. Last updated 28 March 2026.

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