Suburb Profile Report for Naremburn NSW (2065)

Naremburn House: Median price $1,900,000, Annual capital growth 8.99%, Number of sales 53, Weekly median advertised rent $1,040

Naremburn Unit: Median price $947,500, Annual capital growth 6.05%, Number of sales 79, Weekly median advertised rent $650

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Naremburn, 2065 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 7.95%.

Taking the average capital gain, or increase in median house value, Naremburn,2065 has racked up an average of 7.95% over the period. This ranks it number 405th in the whole country for real estate investors looking at median house price increases.

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.53% offered to property buyers. Sellers in Naremburn itself are offering an average vendor discount of -1.25% to real estate investors.

The NSW suburb of Naremburn, 2065 is in the Willoughby local government area.

Naremburn has had a pretty good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 12.66% to date .

The five-year average increase in median property values for Naremburn,2065 has given property investors a potential capital gain of 44.66% across each of those five years.

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.

In the last year 79 properties changed hands in Naremburn, which puts it as the 181th most active market in NSW when comparing the number of sales per suburb.

Using the current median advertised rental of $650 and the average annual increase in value of a median property of 6.05%, investors should hope to achieve an overall return of 3.57%

HOUSE UNIT
$1,900,000 $947,500
0.80% -0.52%
7.95% 12.66%
8.99% 6.05%
$1,040 $650
53 79
2.85% 3.57%
38.58 33.1

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 5474
Median household income ($/weekly) 2524
Median age of persons 36
Median housing loan repayment ($/monthly) 3000
Average household size 2.4
  • Census Count Percent(%)
    0-4 years 548 10.0
    25-34 years 1049 19.2
    35-44 years 1081 19.7
    45-54 years 749 13.7
    55-64 years 565 10.3
    Others 1482 27.1
    Age Group
    Census Count Percent(%)
    Registered Married 2127 51.6
    Not Married 1543 37.4
    Defacto Relationship 452 11.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 3439 65.1
    India 109 2.1
    Papua New Guinea 177 3.4
    United Kingdom 383 7.3
    Other 247 4.7
    Others 925 17.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 139 2.7
    Christianity 3178 62.3
    Hinduism 73 1.4
    Judaism 47 0.9
    No Religion 1603 31.4
    Others 63 1.2
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 177 8.7
    $2,000-$2,499 161 7.9
    $2,500-$2,999 387 19.0
    $3,000-$3,499 197 9.7
    $4,000 or more 338 16.6
    Others 780 38.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2279 53.9
    Not in the labour force 969 22.9
    Employed, worked part-time 714 16.9
    Employed, away from work 171 4.0
    Unemployed, looking for work 97 2.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 646 20.4
    Professionals 1376 43.5
    Technicians & trades workers 203 6.4
    Community & personal service workers 201 6.4
    Clerical & administrative workers 408 12.9
    Others 328 10.4
    Occupation
    Census Count Percent(%)
    Pre-school 155 13.5
    Infants/Primary 377 32.8
    Secondary 226 19.6
    Technical or Further Educational Institution 89 7.7
    University or other Tertiary Institutions 263 22.8
    Others 41 3.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2551 48.6
    Flat, unit or apartment 1575 30.0
    Semi-detached, row or terrace house, townhouse 1109 21.1
    Caravan, cabin, houseboat 7 0.1
    House or flat attached to a shop, office 3 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 783 35.7
    Rented 766 34.9
    Fully owned 633 28.9
    Other tenure type 10 0.5
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals