Giving property investors a an unimpressive capital gain of -0.33% for the last year, Narrabeen, 2101 is the 2975th highest performer in Australia in this respect.
Comparing Narrabeen,2101 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property buyers and investors in Narrabeen 2101 should be seeing an average reduction in asking price of around -9.40% . This means that Narrabeen is holding prices well when compared to other suburbs in NSW.
Residents and property investors in Narrabeen have been waiting around 107.16 days to sell a property.
With the median price for a house in Narrabeen being $1812500 and the advertised rent reaching $875 the gross rental yield for property investors calculates out to be 2.51%
If you compare the increase in value of investment property in Narrabeen, 2101 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 0.75%.
While Narrabeen,2101 ranked number 162th in NSW for increase in median house value (annualised) increase, it is ranked 270th over the last 5 years.
Vendor discounting in Narrabeen is giving property investors an average Vendor Discount of around -3.50%. This puts suburb at number 332th in NSW when ranking the most discounted suburbs.
Often selling an investment property can take time, and in Narrabeen the average time real estate has been on the market is 35.12 days.
Advertised rents are around the $595 mark per week – giving a return of 3.73% based on the median price in Suburb