Suburb Profile Report for Naremburn NSW (2065)

Naremburn House: Median price $2,355,000, Annual capital growth 9.92%, Number of sales 62, Weekly median advertised rent $975

Naremburn Unit: Median price $1,060,000, Annual capital growth 7.10%, Number of sales 78, Weekly median advertised rent $650

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

Source: CoreLogic

  • House Report
  • Unit Report

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.

Metrics i HOUSE UNIT
$2,355,000 $1,060,000
6.44% 6.75%
23.95% 13.37%
9.92% 7.10%
$975 $650
62 78
2.15% 3.19%
54.66 40.74

Source: CoreLogic

DSR Score for property investment : Very good (H), Very good (U)
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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