North Narooma

POSTAL CODE: NSW, 2546

HOUSE

Property investors have seen a -14.86% drop in NORTH NAROOMA based on a decrease 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 $902,500

Profits averaged 0.33% per annum over a 3-year period, due to an upward 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	-14.86%	N/A
Median 12 month	9.06%	N/A
Median 3 years	1.01%	N/A
Median 5 years	66.28%	N/A
10 years average annual	11.13%	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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