31 Parry Avenue, Narwee, NSW 2209 | Property Value & History | OnTheHouse
OFF MARKET

31 Parry Avenue
Narwee NSW 2209

Bedrooms: 16
Bathrooms: 8
Car spaces: -
Floor area: 59m2
Land area: 830m2
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Property Details for 31 Parry Ave, Narwee

31 Parry Ave, Narwee is a 16 bedroom, 8 bathroom House and was built in 1968. The property has a land size of 830m2 and floor size of 59m2. While the property is not currently for sale or for rent, it was last sold in September 2022.

Building Type
House
Year Built
1968
Floor Size
59m2
Land Size
830m2
Local Government
Canterbury-Bankstown
Lot/Plan
1/DP227933

Last Listing description (September 2022)

Inglis Property Macarthur are proud to present to the market 31 Parry Avenue, Narwee. This is your chance to secure a two-storey freehold residential unit block consisting of eight units located in the heart of Narwee. R3 Medium Density Residential zoning providing multiple opportunities (S.T.C.A). With 8 individual units this is an ideal opportunity for Investors, developers, or superannuation funds.
The property is currently Freehold title; however, the opportunity presents to Strata the complex & sell individually if you wish (S.T.C.A). On a fully leased basis, an expected approx. rental return would be circa $142,000 - $150,000 (p/a) based on current market evidence.
Located within close proximity of train Station (350m), shops, schools, parklands, only a 14.2km train ride to Sydney CBD & excellent access to the M5 on ramp (1km).

The property provides great bones, being double brick construction & in excellent condition with significant building upgrades already completed for your benefit & ease of future maintenance.
Features of each unit include:
• 2 bedrooms
Well laid out floor plan
Off street parking
Common laundry between tenancies
Majority of units being freshly painted with new carpet
Balcony to most units

Call Exclusive Agents Anthony Rees 0400 480 088 or David May 0434 627 022 for more information or to arrange a private inspection.

Property History for 31 Parry Ave, Narwee, NSW 2209

A timeline of how this property has performed in the market
Last Sold
$3,200,000
15 Sep 2022
Listed for Rent
$290/w
28 Aug 2010
  • 15 Sep 2022
    Sold for $3,200,000
  • 18 May 2022
    Listed for Sale $3,350,000
  • 16 Jun 2021
    Sold
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About Narwee 2209

The size of Narwee is approximately 1.2 square kilometres. It has 13 parks covering nearly 11.2% of total area. The population of Narwee in 2016 was 5618 people. By 2021 the population was 5411 showing a population decline of 3.7% in the area during that time. The predominant age group in Narwee is 30-39 years. Households in Narwee are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Narwee work in a professional occupation.In 2021, 53.00% of the homes in Narwee were owner-occupied compared with 55.10% in 2016.

Narwee has 2,465 properties. Over the last 5 years, Houses in Narwee have seen a 56.75% increase in median value, while Units have seen a 31.10% increase. As at 30 November 2025:

  • The median value for Houses in Narwee is $1,664,012 while the median value for Units is $742,841.
  • Houses have a median rent of $760 while Units have a median rent of $580.
There are currently 4 properties listed for sale, and 8 properties listed for rent in Narwee on OnTheHouse. According to Cotality's data, 74 properties were sold in the past 12 months in Narwee.

Suburb Insights for Narwee 2209

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality 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 Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.