Narwee has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of 1.48% to date .
Comparing Narwee,2209 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Vendor discounting in Narwee is giving property investors an average Vendor Discount of around -6.66%. This puts suburb at number 293th in NSW when ranking the most discounted suburbs.
Often selling an investment property can take time, and in Narwee the average time real estate has been on the market is 66 days.
NSW has seen average median house prices change by 5.88% which means that Narwee, 2209 has done well for property investors by showing a capital gain of 7.88% over the last year
While Narwee,2209 ranked number 516th in NSW for increase in median house value (annualised) increase, it is ranked 157th over the last 5 years.
Property buyers and investors in Narwee 2209 should be seeing an average reduction in asking price of around -5.91% . This means that Narwee is holding prices well when compared to other suburbs in NSW.
Advertised rents are around the $420 mark per week – giving a return of 3.36% based on the median price in Suburb