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Unit 4,
42 REEVES STREET Narara NSW 2250

This property is Off Market

All about Narara Homes for sale in Narara


  • Last sold 7/2/2020 for $340,000. The Average property price in this area is $970,446, this is based on recent transactions.
  • Internet speed Download 100 Mbps / Upload 40 Mbps
  • Distance to the coast 10.73 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Potential Land Contamination risk
  • Powerlines within 200m 0
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School Catchments

Property For Sale Nearby

Recently Sold Properties in this Area

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About Narara

With an average age of 40, households expect an average monthly mortgage payment of $1,952 or a weekly rent payment of $410. The average family earns a weekly income of $2,284 with a typical household size of 2.8 and a 93.5% employment rate.

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Narara due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. Low average earnings from people in Narara leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. Lower than average industry presence in Narara we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Narara a better buying opportunity than it may have been in the past.

Public Transport

General Points of Interest


Population

(Country of Birth not stated 0%)

Are people healthy?

There are a recorded 860 asthma sufferers and 272 people living with diabetes. In addition, 304 people have a heart/vascular condition and 671 people live with three or more chronic diseases.

A good place to invest in property?

Narara a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.

Investability - Housing Demand

New South Wales State average 59 / 100

Income

29 / 100

31 / 100

Industry

11 / 100

22 / 100

Population

10 / 100

19 / 100

House Prices

64 / 100

60 / 100

Jobs

16 / 100

29 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • School Catchments
    Valley View PS Narara Valley HS
  • Narara Valley High School

    Narara, NSW, 2250 State 7-12


Property Story

Unit 4, 42 Reeves Street, Narara, Nsw, 2250 is a residential property . The estimated distance to the sea is 10.73km and 0.72KM to vegatation considered to be a factor in bushfire risk.

Local Developments

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  • 134 Acme Avenue Street, Town, State

    Description - Details the application. Type and other information pertaining to the development application and more...

    Authority Reference: UX0909823-GOV Website

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The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.


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