ACT/
Narrabundah

Suburb Profile

Narrabundah - FREE SUBURB PROFILE REPORT
POSTAL CODE: ACT,2604

house
unit

Property investors have seen a 0% gain in NARRABUNDAH based on an increase in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains NARRABUNDAH, 2604 saw average growth in the long term.

The ACT suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $900,000

Profits averaged 8.33% per annum over a 3-year period, due to an upward trend in home prices in NARRABUNDAH, 2604.

This means, real estate investors could earn a rental income of $550 based on current median home prices for the suburb.

The gross rental yield in NARRABUNDAH, 2604 is 3.18%.

An average of 4.67 real estate transactions take place per month in NARRABUNDAH which translates to 56 per annum.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $900,000 $520,000
GROWTH REPORT
Median Quarterly 0% 1.86%
Median 12 month 8.3% 13.29%
Median 3 years 25% 12.31%
Median 5 years 33.33% 15.49%
10 years average annual 5.65% 3.38%
Weekly media advert. rent $550 $450
Time on Market 0.0 days 80.5 days
Gross Rental Yield Percent 3.18% 4.5%
demographics (median values)
Total Population
5529
Weekly Household Income
1304
Household Size
2.30
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