Suburb Profile Report for Narraweena NSW (2099)

Narraweena House: Median price $1,495,586, Annual capital growth 8.69%, Number of sales 77, Weekly median advertised rent $778

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

Source: CoreLogic

  • House Report

Narraweena, 2099 ranked 615th in NSW when comparing growth in median property values or capital gain over the last 12 months. Narraweena is one of 3163 in our list for NSW

Narraweena,2099 was ranked 526 in Australia by increase in median property value over the quarter.

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 -3.57% is being offered, which puts this NSW suburb at 3291th most discounted overall in Australia.

In the last year 77 properties changed hands in Narraweena, which puts it as the 422th most active market in NSW when comparing the number of sales per suburb.

Using the current median advertised rental of $777.5 and the average annual increase in value of a median property of 8.69%, investors should hope to achieve an overall return of 2.70%

Metrics i HOUSE UNIT
$1,495,586 N/A
6.83% N/A
10.99% N/A
8.69% N/A
$778 N/A
77 N/A
2.70% N/A
28.79 N/A

Source: CoreLogic

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