Naremburn is located 5km north of the CBD, which can be easily reached by car via the M1 in around 10 minutes outside of peak hour. Commuters also have the option of frequent express buses during peak times and trains via St Leonards station, which is 5 stops to Wynyard.
Naremburn consists of just over one third detached houses and one third apartments, with semi-detached and other properties making up the remainder. Naremburn was established in the late 19thcentury and therefore contains a number of federation and art deco era properties. There was also a wave of apartment construction following World War II. More recently, luxury architect designed homes and rear extensions are popping up that cater to modern lifestyles. These are most common west of the M1 as this is closer to St Leonards station and Crows Nest shops and restaurants.
Home buyers are attracted by peaceful, leafy outlooks yet close proximity to the CBD and reputable lower north shore schools. Investors are drawn to the suburb due to its relative affordability compared to its neighbours and excellent transport options. The Royal North Shore Hospital is also close by, which is convenient for downsizers that may need more regular medical attention.
Naremburn has a small shopping strip on Willoughby Road, but it’s only 10 minutes’ walk to Crows Nest shops including IGA and less than 15 minutes’ walk or a short drive to Coles at The Forum in St Leonards or the new 3,900sqm Woolworths in Crows Nest. Northbridge Plaza is 5 minutes’ drive to the north and houses another Woolworths as well as over 30 other shops.
Willoughby Leisure Centre is just around the corner and has a fitness centre, sports hall, heated indoor pool, spa and sauna. Alternatively, Anytime Fitness is open 24 hours and has locations in Northbridge and St Leonards. Cammeray and local tennis and golf clubs while Willoughby has a squash, netball, basketball, soccer, volleyball, badminton and baseball facilities. The Shore War Memorial Playing Fields in Northbridge also have a number of sports fields.
As mentioned above, there are a number of reputable nearby schools. For many, the local primary school would be Naremburn School or Willoughby Public School. Nearby independent schools that ranked in the top 100 schools in NSW last year include Roseville College (K-12 girls), St Aloysius’ College (7-12 boys), Loreto Kirribilli (K-12 girls), Wenona School (K-12 girls), Shore (Sydney Church of England Grammar) (K-12 boys), Monte Sant’ Angelo College (7-12 girls) and Mercy Catholic College (7-12 girls).
The median house price in Naremburn is currently $2,010,500, which is up 13% to this time last year. For $2 million, you can buy a 3 bedroom freestanding house in need of a cosmetic renovation or a renovated semi-detached 3 bedroom house.
The median unit price is a relatively more affordable $968,000, which is 10.7% higher than 12 months ago. This will buy you a 2 bedroom unit with parking in reasonable condition with a fair to good outlook (either in an older block or a circa year 2000 secure complex).
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