Suburb Profile Report for North Narrabeen NSW (2101)

North Narrabeen House: Median price $1,500,000, Annual capital growth 8.05%, Number of sales 89, Weekly median advertised rent $795

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

Source: CoreLogic

  • House Report

If you compare the increase in value of investment property in North Narrabeen, 2101 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 16.05%.

If we look at median property appreciation over just the last three months, North Narrabeen has given property investors a paper return of 4.90%. This puts Suburb as 425 on a list of fastest fasting appreciating suburbs in NSW

Sellers are offering property buyers an average discount of -5.38% to buyers in North Narrabeen at the moment, which is less than average for the rest of NSW.

Using the current median advertised rental of $795 and the average annual increase in value of a median property of 8.05%, investors should hope to achieve an overall return of 2.76%

Metrics i HOUSE UNIT
$1,500,000 N/A
4.90% N/A
16.05% N/A
8.05% N/A
$795 N/A
89 N/A
2.76% N/A
38.34 N/A

Source: CoreLogic

DSR Score for property investment : Very good (H), Balanced (U)
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Demographics
Total population 5535
Median household income ($/weekly) 1793
Median age of persons 38
Median housing loan repayment ($/monthly) 2934
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 760 13.7
    25-34 years 600 10.8
    35-44 years 972 17.6
    45-54 years 810 14.6
    55-64 years 681 12.3
    Others 1713 30.9
    Age Group
    Census Count Percent(%)
    Registered Married 2191 55.2
    Not Married 1385 34.9
    Defacto Relationship 396 10.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 4195 79.6
    New Zealand 50 0.9
    Papua New Guinea 131 2.5
    United Kingdom 385 7.3
    Other 169 3.2
    Others 339 6.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 80 1.6
    Christianity 3548 70.2
    Judaism 14 0.3
    Other Religious Groups 29 0.6
    No Religion 1375 27.2
    Others 11 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $1,250-$1,499 134 8.3
    $1,500-$1,999 217 13.5
    $2,000-$2,499 196 12.2
    $2,500-$2,999 195 12.1
    $3,000-$3,499 143 8.9
    Others 721 44.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1796 43.7
    Not in the labour force 1056 25.7
    Employed, worked part-time 1015 24.7
    Employed, away from work 166 4.0
    Unemployed, looking for work 77 1.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 425 14.3
    Professionals 683 23.0
    Technicians & trades workers 468 15.7
    Clerical & administrative workers 435 14.6
    Sales 314 10.6
    Others 648 21.8
    Occupation
    Census Count Percent(%)
    Pre-school 144 10.7
    Infants/Primary 506 37.6
    Secondary 354 26.3
    Technical or Further Educational Institution 129 9.6
    University or other Tertiary Institutions 162 12.0
    Others 51 3.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4818 92.6
    Semi-detached, row or terrace house, townhouse 197 3.8
    Flat, unit or apartment 128 2.5
    House or flat attached to a shop, office 50 1.0
    Caravan, cabin, houseboat 9 0.2
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 815 45.5
    Fully owned 658 36.8
    Rented 309 17.3
    Other tenure type 8 0.4
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals