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North Narooma
AREA REPORTS

North Narooma

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

house

Property investors have seen a 15.02% gain in NORTH NAROOMA based on an increase in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains NORTH 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 $630,000

Profits averaged 10.88% per annum over a 3-year period, due to an upward trend in home prices in NORTH NAROOMA, 2546.

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

An average of 1.58 real estate transactions take place per month in NORTH NAROOMA which translates to 19 per annum.

Data report can be found below

North Narooma
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $630,000 N/A
GROWTH REPORT
Median Quarterly 15.02% N/A
Median 12 month 5.97% N/A
Median 3 years 32.63% N/A
Median 5 years 73.2% N/A
10 years average annual 8.34% N/A
Weekly media advert. rent N/A N/A
Time on Market 71.5 days N/A
Gross Rental Yield Percent N/A N/A
demographics (median values)*
Total Population
9121
Weekly Household Income
848
Household Size
2.10
Age
58
Monthly Loan Repayment
1300
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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