NSW/
Naremburn

Suburb Profile

Naremburn - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2065

house
unit

Property investments in NAREMBURN fare well against the rest of the country last year, registering a median home price increase of 22.02%.

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 $915 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 55.1 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 $2,300,000.

NAREMBURN ranks 1136th on the list of best yielding suburbs for rental properties in NSW, posting a 2.07% return.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $2,300,000 $1,000,500
GROWTH REPORT
Median Quarterly 10.58% 2.62%
Median 12 month 22.02% 5.04%
Median 3 years 63% 32.96%
Median 5 years 81.46% 49.33%
10 years average annual 10.27% 6.42%
Weekly media advert. rent $915 $650
Time on Market 55.1 days 43.8 days
Gross Rental Yield Percent 2.07% 3.38%
demographics (median values)
Total Population
4949
Weekly Household Income
1985
Household Size
2.30
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