Property value increases in Narwee have tracked just lower than the NSW average of 6.38% over the last 12 months.
The five-year average increase in median property values for Narwee,2209 has given property investors a potential capital gain of 66.92% across each of those five years.
Property buyers and investors in Narwee 2209 should be seeing an average reduction in asking price of around -6.66% . This means that Narwee is holding prices well when compared to other suburbs in NSW.
In the last year 34 properties changed hands in Narwee, which puts it as the 882th most active market in NSW when comparing the number of sales per suburb.
Narwee is 993th on a list of best yielding suburbs for rents in NSW with a 2.64% return
Investment property in Narwee 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 12.57%
Narwee,2209 was ranked 1645 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Narwee is offering property investors an average of -4.45. This rate of discount on properties puts Suburb at number 103th in terms of most discounted suburbs in NSW
Narwee is 486th on a list of best yielding suburbs for rents in NSW with a 3.41% return