Property value increases in Naremburn have tracked higher than the NSW average of 11.06% over the last 12 months.
Over the longer term, Naremburn has seen property prices show investors a 60.20% return over the last 3 years. This is worse than over the last 12 months
Property buyers and investors in Naremburn 2065 should be seeing an average reduction in asking price of around 0.00% . This means that Naremburn is holding prices well when compared to other suburbs in NSW.
On average over the past year, suburb has had 5.17 sales per month, which equates to 62 per year.
A $975 per week rent on the median house gives suburb investors a gross yield of circa 2.15%, without taking into account capital value appreciation, which has been averaging out at 9.92%.
Naremburn, 2065 ranked 158th in NSW when comparing growth in median property values or capital gain over the last 12 months. Naremburn is one of 3163 in our list for NSW
If we look at median property appreciation over just the last three months, Naremburn has given property investors a paper return of 6.75%. This puts Suburb as 72 on a list of fastest fasting appreciating suburbs in NSW
Property investors looking for a bargain in Naremburn should be aiming for at least -1.62% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 78 properties changed hands in Naremburn, which puts it as the 200th most active market in NSW when comparing the number of sales per suburb.