NSW/
Narooma

Suburb Profile

Narooma - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2546

house
unit

Property investors have seen a 0% gain in NAROOMA based on an increase in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains NAROOMA, 2546 saw average growth in the long term.

the NSW 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 $418,000

Profits averaged 10.48% per annum over a 3-year period, due to an upward trend in home prices in NAROOMA, 2546.

This means, real estate investors could earn a rental income of $350 based on current median home prices for the suburb.

The gross rental yield in NAROOMA, 2546 is 4.35%.

An average of 5.08 real estate transactions take place per month in NAROOMA which translates to 61 per annum.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $418,000 $260,000
GROWTH REPORT
Median Quarterly 0% -0.95%
Median 12 month 8.57% -7.14%
Median 3 years 31.45% 13.04%
Median 5 years 24.78% 1.66%
10 years average annual 4.16% 1.1%
Weekly media advert. rent $350 $325
Time on Market 100.2 days 116.6 days
Gross Rental Yield Percent 4.35% 6.5%
demographics (median values)
Total Population
2502
Weekly Household Income
573.2
Household Size
2.10
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