Suburb Profile Report for Narrabeen NSW (2101)

Narrabeen House: Median price $2,250,000, Annual capital growth 9.62%, Number of sales 25, Weekly median advertised rent $820

Narrabeen Unit: Median price $900,000, Annual capital growth 6.78%, Number of sales 183, Weekly median advertised rent $600

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

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in Narrabeen, 2101 have given investors a capital gain of 9.76%. This compares averagely with the 10.55% for NSW as a whole.

Property investors looking for a bargain in Narrabeen should be aiming for at least -13.26% off the asking price, which is the average vendor discount being achieved at the moment.

Narrabeen is 1161th on a list of best yielding suburbs for rents in NSW with a 1.90% return

Property value increases in Narrabeen have tracked just higher than the NSW average of 8.01% over the last 12 months.

Narrabeen,2101 has offered an average of 9.62% return per annum in house price rises to property investors over the last three years.

Vendor discounting in Narrabeen is giving property investors an average Vendor Discount of around -3.52%. This puts suburb at number 283th in NSW when ranking the most discounted suburbs.

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

Metrics i HOUSE UNIT
$2,250,000 $900,000
N/A 0.84%
9.76% 9.62%
9.62% 6.78%
$820 $600
25 183
1.90% 3.47%
88.6 27.32

Source: CoreLogic

DSR Score for property investment : Balanced (H), Good (U)
Find a mortgage broker in Narrabeen NSW
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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Recent sales & rentals