The suburb is mostly residential but also holds Narara railway station on the Central Coast & Newcastle Line. It also contains a corner shop and bottleshop, a number of parks, sporting grounds, and a concrete public skatepark. It is the home of Narara Valley High School, a NSW government public high school, and St Philips Christian College Gosford (formerly Gosford Christian College), a private Christian institution educating from kindergarten to year twelve.
Narara's claim to fame is that the Narara Music Festival was held nearby in Somersby in 1983 and 1984. The Angels, an Australian rock band, produced an 11 track live album recorded at the festival named, appropriately enough, "Live at Narara".
Narara largely consisted of orchards and small mixed farms. Water from the small dams that used to be accessible from Narara Creek Road was piped in wooden piping across Narara Creek to the Railway station to supply steam trains. The dams were also a popular swimming spot especially when the ladder and walkway still existed on the lower dam wall.