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Narellan

Suburb Profile

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

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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 $635,250.

Profits due to an upward trend in home prices in the suburb averaged 1.64% per annum over a 3-year period.

NARELLAN now ranks at the 589th 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 $440 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 40.9 days.

In 2016, 44 properties were sold in NARELLAN during the past year, making it the 1323rd 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 $635,250 N/A
GROWTH REPORT
Median Quarterly 0.71% N/A
Median 12 month -4.19% N/A
Median 3 years 4.91% N/A
Median 5 years 38.1% N/A
10 years average annual 6.87% N/A
Weekly media advert. rent $440 N/A
Time on Market 40.9 days N/A
Gross Rental Yield Percent 3.6% N/A
demographics (median values)
Total Population
3511
Weekly Household Income
1123
Household Size
2.80
demographics
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