OFF MARKET

1 Narrawa Avenue
Erina NSW 2250

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
Floor area: 141m2
Land area: 519m2
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Property Details for 1 Narrawa Ave, Erina

1 Narrawa Ave, Erina is a 1 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1980. The property has a land size of 519m2 and floor size of 141m2. While the property is not currently for sale or for rent, it was last sold in August 2021.

Building Type
Unit
Year Built
1980
Floor Size
141m2
Land Size
519m2
Local Government
Central Coast
Lot/Plan
7/16/DP2163

Last Listing description (September 2021)

THE PROPERTY
Unlike many homes on the market, this stunning three-bedroom brick and tile home has opportunity in every direction. Currently used as a Dual-Accommodation, with the two levels of the home split, this property is an ideal investment; or with practically no adjustment, a modern, updated, sizeable family home. As a whole, the home consists of three generous bedrooms, 2 ultra-modern bathrooms, two living spaces, modern and neat kitchen, separate dining room, modern internal laundry and separate entrances. Recently refreshed with new carpets throughout, sanded and polished floors, air conditioning, new paintwork and updated kitchen/bathrooms/laundry.

Positioned in a blue-chip prime location, just moments from Erina Fair Shopping Centre, within 10 minutes' drive to either Terrigal or East Gosford, and absolutely surrounded by retail, commercial, schools, restaurants and public transport, you couldn't find a more central location on the Central Coast.

THE AREA
Erina is the commercial hub of the Central Coast, and is located about 7kms West of Terrigal and 8kms East of Gosford CBD, in the North Sydney/Central Coast region of New South Wales.
The name Erina means "a place where the initiation ceremony was held". The area was originally inhabited by the Garingai Aboriginal tribe.
The suburb's claim to fame is Erina Fair, which was at the time of opening, the largest single level shopping centre in the southern hemisphere. It remains the largest shopping centre on the Central Coast and has been servicing the region since 1987.
The early history of Erina is extremely complex, and littered with financial disasters and dubious dealings. Nowadays, the suburb is mostly a commercial area, with pockets of residential housing.

WHY YOU SHOULD BUY THIS HOME
From it's considerate size and functionality, massive opportunity and the absolute position, you'll find that this is the one you can't stop thinking about; and for good reason.

THE DETAILS:
Council Rates: $316.85pqtr
Water Rates: $265.92pqtr
Land/Unit Size: 519m2 Total
Aspect: South
Age: 1980 Built - 41 Years

Current Lease Breakdown:
1A: Vacant ($420pw expected)
1B: Leased for $240pwk - Expired

Disclaimer: This website has been prepared for marketing purposes only and may be subject to change without notice. The information and illustrations contained in this website are indicative only and is not to be construed as advice, a recommendation or an offer for the sale of property. All interested parties are directed to rely on their own enquiries and consult their professional adviser for the accuracy of all the aspects of the information.

Property History for 1 Narrawa Ave, Erina, NSW 2250

A timeline of how this property has performed in the market
Last Sold
$850,000
05 Aug 2021
Listed for Rent
$290/w
08 Mar 2022
  • 05 Aug 2021
    Sold for $850,000
  • 30 Jul 2021
    Listed for Sale Under Contract
  • 06 Feb 2019
    Listed for Rent $280 / week
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About Erina 2250

The size of Erina is approximately 5.2 square kilometres. It has 8 parks covering nearly 13.6% of total area. The population of Erina in 2011 was 4,633 people. By 2016 the population was 4,781 showing a population growth of 3.2% in the area during that time. The predominant age group in Erina is 80-89 years. Households in Erina are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Erina work in a professional occupation. In 2011, 70% of the homes in Erina were owner-occupied compared with 69.2% in 2016.

Erina has 3,260 properties. Over the last 5 years, Houses in Erina have seen a 68.09% increase in median value, while Units have seen a 33.50% increase. As at 30 September 2024:

  • The median value for Houses in Erina is $1,317,804 while the median value for Units is $679,520.
  • Houses have a median rent of $700 while Units have a median rent of $480.
There are currently 10 properties listed for sale, and 24 properties listed for rent in Erina on OnTheHouse. According to CoreLogic's data, 82 properties were sold in the past 12 months in Erina.

Suburb Insights for Erina 2250

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.