Over the last year, property investments in Narraweena, 2099 have given investors a capital gain of 9.08%. This compares favourably with the 7.28% for NSW as a whole.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Narraweena has increased when compared to the 5 year average annual rate.
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 3680th most discounted overall in Australia.
Narraweena is 923th on a list of best yielding suburbs for rents in NSW with a 2.90% return