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AREA REPORTS

Narraweena

Suburb Profile

Narraweena - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2099

house

A steady increase in median property prices over a five-year period in the suburb translates to a 0.16% capital gain.

It 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 $1,550,000

The augmented property values in the suburb are trailing above the territorial average of 6.97% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $775.

Home owners selling their properties and realtors in NARRAWEENA usually have to wait an average of 38.6 days days before their assets are lifted off the market.

The NSW suburb ranks 886th on the list of best yielding suburbs for rental properties in NSW, posting a 2.6% return.

It also places places 524th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,550,000 N/A
GROWTH REPORT
Median Quarterly 2.99% N/A
Median 12 month 13.97% N/A
Median 3 years 0.16% N/A
Median 5 years 23.9% N/A
10 years average annual 6.92% N/A
Weekly media advert. rent $775 N/A
Time on Market 38.6 days N/A
Gross Rental Yield Percent 2.6% N/A
demographics (median values)
Total Population
5473
Weekly Household Income
1004
Household Size
2.60
demographics
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