Suburb Profile Report for Narraweena NSW (2099)

Narraweena House: Median price $1,395,000, Annual capital growth 8.22%, Number of sales 53, Weekly median advertised rent $788

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

Source: CoreLogic

  • House Report

Investment property in Narraweena has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 8.98%

The five-year average increase in median property values for Narraweena,2099 has given property investors a potential capital gain of 72.86% across each of those five years.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Narraweena, 2099. Typically our figures indicate that -2.41% is being offered, which puts this NSW suburb at 3639th most discounted overall in Australia.

Renters in Suburb are facing rents around $9450 per annum or $787.5 every week.

HOUSE UNIT
$1,395,000 N/A
1.82% N/A
8.98% N/A
8.22% N/A
$788 N/A
53 N/A
2.94% N/A
32.65 N/A

Source: CoreLogic

DSR Score for property investment : Very good (U), Very good (H)
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Demographics
Total population 6143
Median household income ($/weekly) 1224
Median age of persons 42
Median housing loan repayment ($/monthly) 2817
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 791 12.9
    35-44 years 912 14.8
    45-54 years 893 14.5
    55-64 years 662 10.8
    65-74 years 546 8.9
    Others 2340 38.1
    Age Group
    Census Count Percent(%)
    Registered Married 2374 51.2
    Not Married 1996 43.0
    Defacto Relationship 267 5.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 4191 70.4
    Japan 317 5.3
    Papua New Guinea 137 2.3
    United Kingdom 430 7.2
    Other 284 4.8
    Others 596 10.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 90 1.6
    Christianity 4455 77.7
    Islam 43 0.8
    Other Religious Groups 29 0.5
    No Religion 1090 19.0
    Others 25 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 196 10.0
    $400-$599 177 9.1
    $600-$799 171 8.7
    $1,500-$1,999 227 11.6
    $2,500-$2,999 183 9.4
    Others 1001 51.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1924 40.4
    Employed, worked full-time 1685 35.4
    Employed, worked part-time 856 18.0
    Employed, away from work 174 3.7
    Unemployed, looking for work 124 2.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 355 13.1
    Professionals 506 18.6
    Technicians & trades workers 427 15.7
    Clerical & administrative workers 427 15.7
    Sales 292 10.8
    Others 707 26.1
    Occupation
    Census Count Percent(%)
    Pre-school 118 8.3
    Infants/Primary 506 35.7
    Secondary 440 31.0
    Technical or Further Educational Institution 146 10.3
    University or other Tertiary Institutions 172 12.1
    Others 36 2.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4969 84.5
    Flat, unit or apartment 508 8.6
    Semi-detached, row or terrace house, townhouse 390 6.6
    House or flat attached to a shop, office 15 0.3
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 749 34.8
    Rented 670 31.2
    Being purchased 667 31.0
    Other tenure type 64 3.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals