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Narooma

Suburb Profile

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

house
unit

Property investors have seen a 0.57% 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 $525,000

Profits averaged 7.84% per annum over a 3-year period, due to an upward trend in home prices in NAROOMA, 2546.

The gross rental yield in NAROOMA, 2546 is 0%.

An average of 4.25 real estate transactions take place per month in NAROOMA which translates to 51 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $525,000 $321,500
GROWTH REPORT
Median Quarterly 0.57% 9.91%
Median 12 month 7.36% 19.07%
Median 3 years 23.53% 24.85%
Median 5 years 43.84% 31.22%
10 years average annual 4.97% 5.04%
Weekly media advert. rent N/A $295
Time on Market 125.1 days 107.0 days
Gross Rental Yield Percent N/A 4.77%
demographics (median values)
Total Population
2502
Weekly Household Income
573.2
Household Size
2.10
demographics
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