Narrandera

POSTAL CODE: NSW, 2700

HOUSE

Based on its average 5-year and quarterly capital gains NARRANDERA, 2700 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that NARRANDERA, 2700 obtained a 9.14% growth over a ten-year period. It ranks 431st on our list of suburbs that property investors should look into.

NARRANDERA, 2700 in NSW belongs to the local government area of Narrandera.

NARRANDERA, 2700 has a capital gain of 9.08% for the past year, which is lower than average compared to its 97.51% growth within a five-year period.

With the median home price in NARRANDERA sitting at $357,500, and the average rent at $405, property owners could potentially earn a 5.89% increase in gross rental yield.

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

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$357,500	N/A
Growth Report
Median Quarterly	8.33%	N/A
Median 12 month	9.08%	N/A
Median 3 years	25.44%	N/A
Median 5 years	97.51%	N/A
10 years average annual	9.14%	N/A
Weekly media advert. rent	$405	N/A
Time on Market	98.8 days	N/A
Gross Rental Yield Percent	5.89%	N/A

Demographics (Median Values)*

Total Population 4922

Weekly Household Income 994

Household Size 2.30

Average Age 44

Monthly Loan Repayment 1083

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

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