NARROMINE ranks 1332nd in NSW when it comes to estimated capital gains experienced by property investors over the past three years.
The suburb’s capital gain of -7.02% for the past year is lower than average compared to its 15.38% growth within a five-year period.
Also in NARROMINE, the median home price is sitting at $225,000, and the average rent at $300, this suggests property owners could potentially earn a 6.93% increase in gross rental yield.
Property investors have seen a -2.17% drop in NARROMINE based on a decrease in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 2.48% growth over a ten-year period. It ranks 2737th on our list of suburbs that property investors should look into.