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%