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Narrabri
AREA REPORTS

Narrabri

Narrabri - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2390

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Homeowners and real estate investors betting on NARRABRI, 2390 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 15.63%.

A steady increase in median property prices over a five-year period in the suburb translates to a 19.35% capital gain.

Property investors in NARRABRI enjoyed capital gains of 15.63% over the last 12 months translating to lower returns compared with its peers in the territory.

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $370,000.

Profits due to an upward trend in home prices there averaged 6.45% per annum over a 3-year period.

Home owners selling their properties and realtors in NARRABRI usually have to wait an average of 109.4 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $355 mark, reflecting a 4.99% increase in returns based on the current median price in NARRABRI.

NARRABRI, 2390 places 392nd in Australia based on median property value growth during the quarter.

Data report can be found below

Narrabri
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $370,000 N/A
GROWTH REPORT
Median Quarterly 3.5% N/A
Median 12 month 15.63% N/A
Median 3 years 19.35% N/A
Median 5 years 19.35% N/A
10 years average annual 3.6% N/A
Weekly media advert. rent $355 N/A
Time on Market 109.4 days N/A
Gross Rental Yield Percent 4.99% N/A
demographics (median values)*
Total Population
8757
Weekly Household Income
1320
Household Size
2.50
Age
40
Monthly Loan Repayment
1517
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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