Property investors who have had real estate in Narrabundah, 2604 should be ok with this ACT suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 4.54%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Narrabundah has increased when compared to the 5 year average annual rate.
Residents and property investors in Narrabundah have been waiting around 55.1 days to sell a property.
If you compare the increase in value of investment property in Narrabundah, 2604 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this ACT suburb was 16.72%.
Narrabundah,2604 was ranked 147 in Australia by increase in median property value over the quarter.
The most recent median price for Narrabundah is $497500, with sellers offering an average of -4.29% off the asking price.