Powered by MOMENTUM MEDIA
AREA REPORTS

Narellan

Suburb Profile

Narellan - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2567

house

NARELLAN, 2567 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 $630,750.

Profits due to an upward trend in home prices in the suburb averaged 2.3% per annum over a 3-year period.

NARELLAN now ranks at the 515th place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in NARELLAN are low, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $435 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In NARELLAN, homes and units usually stay on listing for an average of 41.8 days.

In 2016, 36 properties were sold in NARELLAN during the past year, making it the 1st most active market in NSW based on total real estate transactions.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $630,750 N/A
GROWTH REPORT
Median Quarterly -0.67% N/A
Median 12 month -6.56% N/A
Median 3 years 6.91% N/A
Median 5 years 41.42% N/A
10 years average annual 6.71% N/A
Weekly media advert. rent $435 N/A
Time on Market 41.8 days N/A
Gross Rental Yield Percent 3.59% N/A
demographics (median values)
Total Population
3511
Weekly Household Income
1123
Household Size
2.80
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

Simon Cohen

Advantages of a buyer’s agent in a challenging market

As the property market continues to show strong growth due to undersupply, low credit and a strong case of FOMO, it is becoming tougher for ...

5 non-traditional ways

5 non-traditional ways to buy property

As society changes, so too should our expectations of the ways we can make property ownership dreams a reality, according to an expert. ...

No need to rush: Property ladder not a priority

The delay in the uptake of property ownership by young Australians is less about affordability issues and more about longer lifespans, a new...

How much do you need to become a property investor

How much do you need to become a property investor?

Before diving headfirst into the market and looking for the perfect property, aspiring property investors are strongly advised to plan out ...

Auction

Auctions continue to soar across combined capitals

The combined capital cities saw 2,571 homes go under the hammer, marking it as the second-busiest auction week all year. ...

Registration cancelled for dodgy builder

Registration cancelled for dodgy builder

Property investors have been given a timely reminder to check the credentials of their builders following reports of falsifying claims. ...

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.