AREA REPORTS

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 -0.98%.

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 $1100 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 56.5 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 $2,277,500.

NAREMBURN ranks 1023rd on the list of best yielding suburbs for rental properties in NSW, posting a 2.51% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $2,277,500 $1,075,000
GROWTH REPORT
Median Quarterly -7.04% -2.27%
Median 12 month -0.98% 5.91%
Median 3 years 29.4% 31.9%
Median 5 years 82.2% 58.67%
10 years average annual 9.36% 5.9%
Weekly media advert. rent $1100 $670
Time on Market 56.5 days 45.2 days
Gross Rental Yield Percent 2.51% 3.24%
demographics (median values)
Total Population
4949
Weekly Household Income
1985
Household Size
2.30
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