At number 1450th in the list of Australian suburbs ordered by increase in median house value over the last year, Naremburn, 2065 is in the top 40% with a property value increase of 8.61% recorded in median house prices.
When looking at the potential capital gains offered to property investors over the last 3 years, Naremburn comes in at number 380th in NSW.
Property investors looking for a bargain in Naremburn should be aiming for at least -1.25% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 4.67 sales per month, which equates to 56 per year.
Advertised rents are around the $995 mark per week – giving a return of 2.73% based on the median price in Suburb
Investment property in Naremburn has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 14.65%
When looking at the potential capital gains offered to property investors over the last 3 years, Naremburn comes in at number 195th in NSW.
Property buyers and investors in Naremburn 2065 should be seeing an average reduction in asking price of around -2.10% . This means that Naremburn is holding prices well when compared to other suburbs in NSW.
Residents and property investors in Naremburn have been waiting around 29.76 days to sell a property.
Advertised rents are around the $650 mark per week – giving a return of 3.58% based on the median price in Suburb