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Naremburn
AREA REPORTS

Naremburn

Naremburn - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2065

house
unit

Property investments in NAREMBURN did not fare well against the rest of the country last year, registering a median home price decrease of 24.76%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are low, as opposed to average gains per annum over the past five years.

Based on its average 5-year and quarterly capital gains NAREMBURN, 2065 saw average growth in the long term.

Real estate investors could earn a rental income of $900 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 0.0 days.

Besides that, the Australian suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $2,620,000.

NAREMBURN ranks 1147th on the list of best yielding suburbs for rental properties in NSW, posting a 1.79% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $2,620,000 $1,030,000
GROWTH REPORT
Median Quarterly 4.28% -0.48%
Median 12 month 24.76% -6.36%
Median 3 years 12.57% -6.36%
Median 5 years 43.76% 8.42%
10 years average annual 7.33% 5.67%
Weekly media advert. rent $900 $600
Time on Market 0.0 days 38.7 days
Gross Rental Yield Percent 1.79% 3.03%
demographics (median values)
Total Population
4949
Weekly Household Income
1985
Household Size
2.30
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