OFF MARKET

50 Edward Street
Narraweena NSW 2099

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 88m2
Land area: 569m2
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Property Details for 50 Edward St, Narraweena

50 Edward St, Narraweena is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 569m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in August 2018.

Building Type
House
Year Built
1970
Floor Size
88m2
Land Size
569m2
Local Government
Northern Beaches
Lot/Plan
46/DP11704

Last Listing description (December 2018)

A solid single level brick home, situated on 569sqm of level usable land, this prime piece of Northern Beaches real estate simply oozes potential! Build a second storey and there is the potential for panoramic district views and ocean glimpses. Convert the lock up garage into a granny flat for extra income, or dual income if renting the existing dwelling also. (All subject to council approval of course). Similar 3 bedroom houses in the area are renting for $750 per week, whilst 1 bedroom granny flats are returning for $450+ per week...that would amount to $62,400 rental income per annum!

So, if you're looking for a family home with a big, level child friendly back yard, this property is for you. If you're looking for a family home with a granny flat to house in-laws or for extra income, this property is for you. If you're an investor looking for a dual income property, this property is for you!

Council: $455 p/q approx. Water: $172 p/q approx.

Property History for 50 Edward St, Narraweena, NSW 2099

A timeline of how this property has performed in the market
Last Sold
$1,336,000
25 Aug 2018
  • 25 Aug 2018
    Sold for $1,336,000
  • 12 Jul 2018
    Listed for Sale Auction 25/08/18
  • 07 Nov 2013
    Sold for $860,000
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About Narraweena 2099

The size of Narraweena is approximately 1.8 square kilometres. It has 14 parks covering nearly 5.7% of total area. The population of Narraweena in 2011 was 6,143 people. By 2016 the population was 6,592 showing a population growth of 7.3% in the area during that time. The predominant age group in Narraweena is 40-49 years. Households in Narraweena are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Narraweena work in a professional occupation. In 2011, 63.9% of the homes in Narraweena were owner-occupied compared with 62.9% in 2016.

Narraweena has 2,533 properties. Over the last 5 years, Houses in Narraweena have seen a 66.98% increase in median value, while Units have seen a 16.06% increase. As at 30 September 2024:

  • The median value for Houses in Narraweena is $2,359,768 while the median value for Units is $1,072,426.
  • Houses have a median rent of $1,100 while Units have a median rent of $715.
There are currently 4 properties listed for sale, and 7 properties listed for rent in Narraweena on OnTheHouse. According to CoreLogic's data, 52 properties were sold in the past 12 months in Narraweena.

Suburb Insights for Narraweena 2099

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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.