If you compare the increase in value of investment property in Narrabeen, 2101 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 13.89%.
Narrabeen,2101 was ranked 85 in Australia by increase in median property value over the quarter.
Our latest figures would indicate that property sellers in Narrabeen are currently offering property investors an average price cut of -3.49% below the asking price at the moment.
On average over the past year, suburb has had 2.00 sales per month, which equates to 24 per year.
Narrabeen is 924th on a list of best yielding suburbs for rents in NSW with a 2.92% return
Property investors who have had real estate in Narrabeen, 2101 should be 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 13.40%
Comparing Narrabeen,2101 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
At number 319th of NSW’s most discounted properties, Narrabeen is in the TOP 40% of the state/territory when listing in order of most discounted to least.
Property investors should expect to get $585 weekly from the median priced house in this suburb.