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Narangba

Suburb Profile

Narangba - FREE SUBURB PROFILE REPORT
POSTAL CODE: QLD,4504

house

Property investors have seen a 0.4% gain in NARANGBA based on an increase in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains NARANGBA, 4504 saw average growth in the long term.

The QLD suburb also 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 $497,000

Profits averaged 2.68% per annum over a 3-year period, due to an upward trend in home prices in NARANGBA, 4504.

This means, real estate investors could earn a rental income of $420 based on current median home prices for the suburb.

The gross rental yield in NARANGBA, 4504 is 4.39%.

An average of 26.83 real estate transactions take place per month in NARANGBA which translates to 322 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $497,000 N/A
GROWTH REPORT
Median Quarterly 0.4% N/A
Median 12 month 2.29% N/A
Median 3 years 8.04% N/A
Median 5 years 11.69% N/A
10 years average annual 1.22% N/A
Weekly media advert. rent $420 N/A
Time on Market 63.1 days N/A
Gross Rental Yield Percent 4.39% N/A
demographics (median values)
Total Population
12738
Weekly Household Income
1311
Household Size
3.20
demographics
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