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This property has been sold for $940,000 on 11 Aug 2026

67 days on market

Market context at sale

Suburb cycle phase
Balanced
RBA cash rate
4.35%
Suburb median (August 2026)
$690,000(+36%)

Listing journey

Essentials

This property went through a full listing campaign over 67 days on market. See what it first asked, every reduction along the way, and what it finally sold for.

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5/1 Grove Ave, Narwee, NSW, 2209

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Asking Price

$999,000

2 Beds2 Baths2 Cars
Land: 876 m2
Built: 2015

Property overview

This 2-bedroom townhouse at 5/1 Grove Ave in Narwee, NSW 2209 sold for $940K in August 2026, with 2 bathrooms and parking for 2. It offers a 876 m2 block. The townhouse was built in 2015. Narwee sits about 16 km from the CBD, where the median house price is $1.6M. Council data records flood overlay on the site. 97 schools sit within about 5km, and the area scores 73 for walkability and 63 for transit out of 100.

Signal summary

A plain-language read on this listing (Strong, Monitor or Caution) drawn from its asking price, valuation gap, yield and suburb trend.

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Based on $999,000 asking signal.

Signals use available listing and suburb data. They are not personal financial advice.

  • Planning overlay risk

Listed

Updated

Days on market

67

Investment Score

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Narwee at a glance

House market signals | NSW 2209

Full suburb profile

Median

$1.6M

Market signals

To CBD

16 km

Flood zone

Est. Valuation

$1,010,391

Potential Sell Price

Est. Rent/wk

$777

Potential Gross Yield

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Addresses, sold dates, days on market, sold vs asking spreads, plus the subject vs median verdict for each row.

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Key Highlights

Priced 39% below suburb median
876 m2 block
Vacancy rate 0.7%
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Planning Overlays

Overlays Detected

Subdivision & Development Potential

R3Medium Density Residential

Indicative assessment only. Consult your local council planning department for definitive subdivision information.

From the listing description

Facts the agent has stated in the property description. Each item is attributed - click “View source” to see the original wording and verify against the listing.

Strata $4,120/yr
Zoned to sunshine as the kids

Total Cost to Purchase

Purchase Price
$999,000
Stamp Duty (New South Wales)
$39,368
Transfer/Registration Fee
$400
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Total Cash Required
$1,041,468

Estimates only. Assumes investment property, standard rates. Verify with your conveyancer.

Listing Details

Density
Medium Density
Listed
Last Updated
Postcode
2209

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