Investment property in Narrabeen has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 23.61%
When looking at the potential capital gains offered to property investors over the last 3 years, Narrabeen comes in at number 169th in NSW.
Property investors looking for a bargain in Narrabeen should be aiming for at least -4.81% off the asking price, which is the average vendor discount being achieved at the moment.
Property investors should expect to get $950 weekly from the median priced house in this suburb.
NSW has seen average median house prices change by 5.59% which means that Narrabeen, 2101 has done well for property investors by showing a capital gain of 2.76% over the last year
Taking the average capital gain, or increase in median house value, Narrabeen,2101 has racked up an average of 2.76% over the period. This ranks it number 355th in the whole country for real estate investors looking at median house price increases.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Narrabeen, 2101. Typically our figures indicate that -3.71% is being offered, which puts this NSW suburb at 1176th most discounted overall in Australia.
Residents and property investors in Narrabeen have been waiting around 42.51 days to sell a property.
Narrabeen, 2101’s gross rental yield is 3.77%