21 Waratah Parade, Narraweena, NSW 2099
Contact Agent
6 3 4
Open Saturday 8 August 12:00 pm Auction Saturday 5 September 4:30 pmOriginally part of the extensive Redman Estate, Narraweena remained largely rural until the post-WWII housing boom. It was developed primarily in the 1940s and 1950s to provide affordable housing for returning servicemen and their families.
A predominantly residential suburb characterized by a mix of original post-war cottages, significant mid-century renovations, and contemporary luxury rebuilds.
How this suburb feels day-to-day.
Dominant dwelling stock.
Typical entry to ceiling.
Narraweena represents the 'middle ground' of the Northern Beaches. It provides the space families crave without the extreme price premiums of the immediate beachfront, making it a primary target for second-home buyers.
$1.95m – $3.1m
$950k – $1.4m
12-month movement
Current asking rents
The median price has recovered strongly from the 2023 correction, driven by a lack of stock and the trend of buyers moving inland for larger land parcels.
Price comparison
Median price รท median income
Estimated rental yield
While more affordable than the coast, Narraweena remains a high-barrier market requiring significant equity or high household income.
Lower = tighter market
Avg time on market
Annual rental increase
Young families and professionals seeking extra space for home offices.
Yields are low, but capital growth prospects are strong. Investors should target houses with granny flat potential (STCA) to improve cash flow.
Expect steady outperformance of the broader Sydney market as Narraweena transitions from 'entry-level' to a premium family destination.
vs last 12 months
Relative comparison
Standard residential precautions apply; the area is considered very safe for families and solo walkers.
Primary risks are environmental and topographical rather than social or economic.
Low risk; mostly elevated. Localized stormwater runoff issues on steep slopes during extreme rain.
Moderate risk on western fringes near Beacon Hill and Cromer bushland reserves.
Generally standard, but properties in designated bushfire zones may see higher premiums.
Bushfire Prone Land, Sloping Site constraints.
McIntosh Road corridor seeing some low-rise multi-dwelling interest.
Strict zoning preserves the family character but limits the potential for high-density capital gains.
Bus services connect to Dee Why, Manly, and the CBD. Car is the primary mode of transport.
Local shops on McIntosh Rd provide essentials; Warringah Mall is a 10-minute drive.
Excellent access to Beverly Job Park and Narraweena Park.
Narraweena Public and St John the Apostle are both highly regarded.
5-minute drive to Northern Beaches Hospital in Frenchs Forest.
A stable, affluent community of established families and upwardly mobile professionals.
High owner-occupancy rates typically correlate with better property maintenance and community stability.
Limited large-scale development; focus is on private residential upgrades.
Residents value the suburb for its safety, 'old school' community feel, and the fact that it is close to everything without being in the middle of the coastal chaos.
The best place to raise kids on the beaches. The primary school is fantastic and we actually know our neighbors.
Bought an old cottage to renovate. The block is steep which made the deck expensive, but the views are worth it.
The bus to the city is okay but I wish we were closer to the B-Line. It's a bit of a hike up the hill from the stop.
I've seen the suburb change so much, but it still feels like a quiet pocket away from the Dee Why crowds.
Never had a problem finding tenants. Families want to be in the school catchment area.
Close enough to the breweries in Brookvale and the beach, but much more affordable to buy a house here.
Position the property as a 'forever home' with growth potential. Emphasize the quiet, safe street culture and the proximity to high-quality education.
Narraweena is a capital growth play rather than a yield play.
Low yields and high entry costs; maintenance on older cottages can be frequent.
Quiet streets and plenty of space for children.
Older houses can be poorly insulated and cold in winter.
Standard NSW residential tenancy laws apply; ensure smoke alarms and pool fencing meet current standards.
The 'Value Alternative to the Coast' and 'Elevated Family Living'.
Upsizing families from Dee Why/Manly and professional couples planning for children.
This report is based on data available as of 2026-03-31. It is intended for informational purposes only and does not constitute financial or legal advice. Buyers should conduct their own independent investigations and consult with professionals before making any property purchase.
Now
Before
Contact Agent
6 3 4
Open Saturday 8 August 12:00 pm Auction Saturday 5 September 4:30 pm
Auction Guide $2,490,000
5 2 4
Open Saturday 8 August 2:00 pm Auction Saturday 8 August 2:15 pm
Comfortable Single-Level Family Home in a Convenient Narraweena Location
Real Search makes searching for your new home easy with properties for sale in Narraweena NSW 2099 and properties for rent in Narraweena NSW 2099. Are you looking for specific type of property? Real Search has units for sale in Narraweena NSW 2099 and houses for sale in Narraweena NSW 2099. Real Search also provides 1 bedroom unit for sale in Narraweena NSW 2099, 2 bedroom unit for sale in Narraweena NSW 2099 & 3 bedroom unit for sale in Narraweena NSW 2099. Find best real estate agents in Narraweena NSW 2099. You can also check real estate agencies in Narraweena NSW 2099. Research the property market of Narraweena NSW 2099 with a property report and suburb profile report on Real Search.