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.