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