North Narooma

POSTAL CODE: NSW, 2546

HOUSE

Property investors have seen a -6.23% drop in NORTH NAROOMA based on a decrease in median home prices for the past three months.

Homeowners and real estate investors betting on NORTH NAROOMA, 2546 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 12.11%.

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 $902,500

Profits averaged -1.67% per annum over a 3-year period, due to an downward trend in home prices in NORTH NAROOMA, 2546.

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

The gross rental yield in NORTH NAROOMA, 2546 is N/A.

An average of 1.33 real estate transactions take place per month in NORTH NAROOMA which translates to 16 per annum.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$902,500	N/A
Growth Report
Median Quarterly	-6.23%	N/A
Median 12 month	12.11%	N/A
Median 3 years	-5%	N/A
Median 5 years	67.13%	N/A
10 years average annual	11.5%	N/A
Weekly media advert. rent	N/A	N/A
Time on Market	131.3 days	N/A
Gross Rental Yield Percent	0%	N/A

Demographics (Median Values)*

Total Population 9121

Weekly Household Income 848

Household Size 2.10

Average 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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