Narrogin

POSTAL CODE: WA, 6312

HOUSE

Based on its average 5-year and quarterly capital gains NARROGIN, 6312 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 NARROGIN, 6312 obtained a 6.73% growth over a ten-year period. It ranks 2137th on our list of suburbs that property investors should look into.

NARROGIN, 6312 in WA belongs to the local government area of Narrogin.

NARROGIN, 6312 has a capital gain of 34.1% for the past year, which is higher than average compared to its 70.73% growth within a five-year period.

With the median home price in NARROGIN sitting at $350,000, and the average rent at $430, property owners could potentially earn a 6.39% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in NARROGIN 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	$350,000	N/A
Growth Report
Median Quarterly	7.36%	N/A
Median 12 month	34.1%	N/A
Median 3 years	66.67%	N/A
Median 5 years	70.73%	N/A
10 years average annual	6.73%	N/A
Weekly media advert. rent	$430	N/A
Time on Market	27.1 days	N/A
Gross Rental Yield Percent	6.39%	N/A

Demographics (Median Values)*

Total Population 4884

Weekly Household Income 1224

Household Size 2.40

Average Age 40

Monthly Loan Repayment 1213

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

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