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Narara
AREA REPORTS

Narara

Narara - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2250

house
unit
NARARA ranks 915th in NSW when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 15.63% for the past year is higher than average compared to its 37.04% growth within a five-year period.

This figures put the ATC suburb in the ranks of the best performing suburbs in Australia in terms of capital gains.

Also in NARARA, the median home price is sitting at $740,000, and the average rent at $520, this suggests property owners could potentially earn a 3.65% increase in gross rental yield.

Property investors have seen a 5.71% gain in NARARA based on an increase in median home prices for the past three months.

They believe that homeowners and real estate investors betting on NARARA, 2250 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 15.63%.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 8.51% growth over a ten-year period. It ranks 345th on our list of suburbs that property investors should look into.

Data report can be found below

Narara
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $740,000 $532,500
GROWTH REPORT
Median Quarterly 5.71% 5.65%
Median 12 month 15.63% 17.03%
Median 3 years 18.4% 15.14%
Median 5 years 37.04% 25.29%
10 years average annual 8.51% 7.43%
Weekly media advert. rent $520 $410
Time on Market 21.8 days 26.5 days
Gross Rental Yield Percent 3.65% 4%
demographics (median values)*
Total Population
67194
Weekly Household Income
1366
Household Size
2.50
Age
41
Monthly Loan Repayment
1767
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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