Narellan Vale

POSTAL CODE: NSW, 2567

HOUSE

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $1,140,000.

The upward trend in home prices in NARELLAN VALE, 2567 averaged 7.84% per annum over a 3-year period.

Average weekly rents on listings have reached the $720 mark, reflecting a 3.28% increase in returns based on the current median price in NARELLAN VALE.

An average of 8.83 real estate transactions take place per month in NARELLAN VALE which translates to 106 per annum.

106 properties were sold in NARELLAN VALE in 2016, making it the 1403rd most active market in NSW based on total real estate transactions.

NARELLAN VALE, 2567 places th in Australia based on median property value growth during the quarter.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$1,140,000	N/A
Growth Report
Median Quarterly	0%	N/A
Median 12 month	8.57%	N/A
Median 3 years	23.51%	N/A
Median 5 years	48.3%	N/A
10 years average annual	6.39%	N/A
Weekly media advert. rent	$720	N/A
Time on Market	17.4 days	N/A
Gross Rental Yield Percent	3.28%	N/A

Demographics (Median Values)*

Total Population 38500

Weekly Household Income 2091

Household Size 3.20

Average Age 33

Monthly Loan Repayment 2167

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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