Suburb Profile Report for Narraweena NSW (2099)

Narraweena House: Median price $1,400,000, Annual capital growth 8.05%, Number of sales 54, Weekly median advertised rent $788

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

Source: CoreLogic

  • House Report

Property investors who have had real estate in Narraweena, 2099 should be relatively pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 9.08%

While Narraweena,2099 ranked number 694th in NSW for increase in median house value (annualised) increase, it is ranked 266th over the last 5 years.

LACK OF BUYER INTEREST may well be the reason that Narraweena is offering property investors an average of -5.49. This rate of discount on properties puts Suburb at number 1199th in terms of most discounted suburbs in NSW

On average over the past year, suburb has had 4.50 sales per month, which equates to 54 per year.

Narraweena is 914th on a list of best yielding suburbs for rents in NSW with a 2.93% return

HOUSE UNIT
$1,400,000 N/A
2.19% N/A
9.08% N/A
8.05% N/A
$788 N/A
54 N/A
2.93% N/A
32.43 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Excellent (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