Suburb Profile Report for Narrabeen NSW (2101)

Narrabeen House: Median price $2,050,000, Annual capital growth 6.35%, Number of sales 24, Weekly median advertised rent $1,150

Narrabeen Unit: Median price $805,000, Annual capital growth 5.52%, Number of sales 162, Weekly median advertised rent $585

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

Source: CoreLogic

  • House Report
  • Unit Report

With a capital gain of 17.11% for the last 12 months, Narrabeen, 2101 has performed for property investments than its average annual 6.35% property growth over the last 5 years.

If we look at median property appreciation over just the last three months, Narrabeen has given property investors a paper return of 13.89%. This puts Suburb as 46 on a list of fastest fasting appreciating suburbs in NSW

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.55% offered to property buyers. Sellers in Narrabeen itself are offering an average vendor discount of -3.49% to real estate investors.

The NSW suburb of Narrabeen, 2101 is in the Pittwater local government area.

If you compare the increase in value of investment property in Narrabeen, 2101 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 7.33%.

Across a shorter period, Narrabeen, 2101 has seen a median price increase of -1.71% over the last quarter.

Narrabeen2101 is located in NSW which offers an average discount of -4.46% to property investors. Narrabeen itself is showing figures that indicate -3.57% is the average achievable by property buyers investing in the suburb.

HOUSE UNIT
$2,050,000 $805,000
13.89% -1.71%
17.11% 7.33%
6.35% 5.52%
$1,150 $585
24 162
2.92% 3.78%
73.31 39.35

Source: CoreLogic

DSR Score for property investment : Good (H), Very good (U)
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Demographics
Total population 7474
Median household income ($/weekly) 1331
Median age of persons 42
Median housing loan repayment ($/monthly) 2500
Average household size 2
  • Census Count Percent(%)
    25-34 years 1387 18.6
    35-44 years 993 13.3
    45-54 years 817 10.9
    55-64 years 758 10.1
    85 years and over 865 11.6
    Others 2653 35.5
    Age Group
    Census Count Percent(%)
    Not Married 2480 45.6
    Registered Married 2230 41.0
    Defacto Relationship 731 13.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 5331 76.7
    Papua New Guinea 193 2.8
    South Africa 86 1.2
    United Kingdom 545 7.8
    Other 303 4.4
    Others 488 7.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 91 1.4
    Christianity 4982 74.4
    Islam 20 0.3
    Other Religious Groups 35 0.5
    No Religion 1544 23.0
    Others 28 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 331 11.2
    $800-$999 270 9.1
    $1,500-$1,999 395 13.3
    $2,000-$2,499 272 9.2
    $2,500-$2,999 302 10.2
    Others 1394 47.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2602 42.3
    Not in the labour force 2336 38.0
    Employed, worked part-time 945 15.4
    Employed, away from work 149 2.4
    Unemployed, looking for work 119 1.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 591 16.0
    Professionals 941 25.5
    Technicians & trades workers 566 15.3
    Clerical & administrative workers 593 16.0
    Sales 332 9.0
    Others 672 18.2
    Occupation
    Census Count Percent(%)
    Pre-school 90 8.2
    Infants/Primary 303 27.7
    Secondary 245 22.4
    Technical or Further Educational Institution 148 13.6
    University or other Tertiary Institutions 243 22.3
    Others 63 5.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 3988 62.5
    Separate house 1556 24.4
    Semi-detached, row or terrace house, townhouse 841 13.2
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1298 41.5
    Fully owned 820 26.2
    Being purchased 807 25.8
    Other tenure type 206 6.6
    Tenure Type
Census 2011, ABS
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