OFF MARKET

5/16 Ocean Street
Narrabeen NSW 2101

Bedrooms: 2
Bathrooms: 2
Car spaces: 3
Floor area: 113m2
Land area: 1247m2
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Property Details for 5/16 Ocean St, Narrabeen

5/16 Ocean St, Narrabeen is a 2 bedroom, 2 bathroom Unit with 3 parking spaces and was built in 2009. The property has a land size of 1247m2 and floor size of 113m2. While the property is not currently for sale or for rent, it was last sold in December 2019.

Building Type
Unit
Year Built
2009
Floor Size
113m2
Land Size
1247m2
Local Government
Northern Beaches
Lot/Plan
5/SP83024

Last Listing description (July 2023)

Enviably positioned directly opposite the Golden Sands of Narrabeen Beach, this sophisticated apartment showcases a contemporary design and private outdoor areas for entertaining and relaxing. Exclusively set on one of the area's finest streets, offering a wonderful opportunity for busy executives, empty nesters or astute investors requiring a lock-up-and-leave convenience.

* Light-filled, oversized living and dining flowing out to a party-sized terrace
* Substantial entertaining terrace and private courtyard off both bedrooms

* Stunning gas kitchen with stone bench-tops and SMEG stainless steel appliances
* Two bedrooms with built-ins, reverse cycle air-conditioning and main with ensuite
* Stylish bathrooms with floor-to-ceiling tiles and stone vanities, full size main
* Double lock-up garage and single lock up garage + storeroom on title
* Separate internal New York style laundry, reverse cycle air-conditioning in living area
* Security pet-friendly building with lift access, intercom and visitor parking
* Other features - Courtyard with recycled water taps, Foxtel & NBN and internet to both bedrooms, block out blinds on all windows with sheers and garages have shelving and power

Council Rates: $350pq
Water Rates: $179 PQ
Strata Rates: $1,596pq
On Title: 206 sqm

Property History for 5/16 Ocean St, Narrabeen, NSW 2101

A timeline of how this property has performed in the market
Last Sold
$1,320,000
14 Dec 2019
  • 11 Jun 2023
    Listed for Sale Not Disclosed
  • 26 Apr 2023
    Listed for Sale Sold
  • 03 Mar 2020
    Listed for Sale Sold
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About Narrabeen 2101

The size of Narrabeen is approximately 4.6 square kilometres. It has 21 parks covering nearly 13.3% of total area. The population of Narrabeen in 2011 was 7,474 people. By 2016 the population was 8,214 showing a population growth of 9.9% in the area during that time. The predominant age group in Narrabeen is 30-39 years. Households in Narrabeen are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Narrabeen work in a professional occupation. In 2011, 50.2% of the homes in Narrabeen were owner-occupied compared with 52.2% in 2016.

Narrabeen has 4,342 properties. Over the last 5 years, Houses in Narrabeen have seen a 42.46% increase in median value, while Units have seen a 32.18% increase. As at 31 October 2024:

  • The median value for Houses in Narrabeen is $2,969,552 while the median value for Units is $1,188,554.
  • Houses have a median rent of $900 while Units have a median rent of $750.
There are currently 19 properties listed for sale, and 6 properties listed for rent in Narrabeen on OnTheHouse. According to CoreLogic's data, 158 properties were sold in the past 12 months in Narrabeen.

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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.