5 Research Road, Narara NSW 2250
This property is Off Market
- Last sold 8/18/2017 for $665,000. 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 11.49 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
- 10/22/2024 5 GILDA DR $770,000
- 10/21/2024 709 PACIFIC HWY $715,000
- 10/18/2024 49 BERRYS HEAD RD $925,000
- 10/15/2024 6 WILLOWTREE CL $751,000
- 10/11/2024 21 NARARA CRES $801,000
About Narara
With an average age of 39, households expect an average monthly mortgage payment of $2,011 or a weekly rent payment of $420. The average family earns a weekly income of $2,314 with a typical household size of 3.1 and a 96.78% 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
Lisarow
Saratoga Veterans Hall Wharf
Tascott
Point Clare
Koolewong
Narara
Niagara Park
Ourimbah
Woy Woy Wharf
Gosford
General Points of Interest
"Pioneer Park"
Puddle Garden
Woy Woy War Memorial
Komodo Dragon
Frank Baxter Juvenile Justice Centre
Turtle
Yellow Foot Rock Wallaby
Platypus
Bush Birds
Wet Eucalypt Forest Bird Aviary
Population
(Country of Birth not stated 1%)
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
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School CatchmentsNarara Valley HS Niagara Park PS
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North Gosford Learning Centre
North Gosford, NSW, 2250 State U -
Gosford High School
Gosford, NSW, 2250 State 7-12 -
Narara Valley High School
Narara, NSW, 2250 State 7-12 -
Henry Kendall High School
Gosford, NSW, 2250 State 7-12 -
St Philip's Christian College - Gosford
Narara, NSW, 2250 Independent K-12 -
Wyoming Public School
Wyoming, NSW, 2250 State K-6 -
Our Lady of the Rosary Catholic Primary School
Wyoming, NSW, 2250 Independent K-6 -
Niagara Park Public School
Niagara Park, NSW, 2250 State K-6 -
Gosford Public School
West Gosford, NSW, 2250 State K-6 -
Glenvale School
Narara, NSW, 2250 State U
Property Story
5 Research Road, Narara, Nsw, 2250 is a residential property with 3 bedrooms, 1 bathrooms and 2 Parking spaces. The estimated distance to the sea is 11.49km and 0.39KM 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
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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