Suburb Profile Report for Narrabeen NSW (2101)

Narrabeen House: Median price $2,050,000, Annual capital growth 6.19%, Number of sales 24, Weekly median advertised rent $1,250

Narrabeen Unit: Median price $815,000, Annual capital growth 5.74%, Number of sales 160, Weekly median advertised rent $595

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

Source: CoreLogic

  • House Report
  • Unit Report

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 13.32%

Taking the average capital gain, or increase in median house value, Narrabeen,2101 has racked up an average of 13.32% over the period. This ranks it number 658th in the whole country for real estate investors looking at median house price increases.

The most recent median price for Narrabeen is $2050000, with sellers offering an average of -3.49% off the asking price.

On average over the past year, suburb has had 2.00 sales per month, which equates to 24 per year.

Narrabeen is 852th on a list of best yielding suburbs for rents in NSW with a 3.17% return

Narrabeen has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of 7.24% to date .

The five-year average increase in median property values for Narrabeen,2101 has given property investors a potential capital gain of 39.08% across each of those five years.

At number 339th of NSW’s most discounted properties, Narrabeen is in the TOP 30% of the state/territory when listing in order of most discounted to least.

Residents and property investors in Narrabeen have been waiting around 41.19 days to sell a property.

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

HOUSE UNIT
$2,050,000 $815,000
8.78% -1.37%
13.32% 7.24%
6.19% 5.74%
$1,250 $595
24 160
3.17% 3.80%
73.31 41.19

Source: CoreLogic

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