Suburb Profile Report for Narwee NSW (2209)

Narwee House: Median price $1,070,000, Annual capital growth 8.57%, Number of sales 35, Weekly median advertised rent $563

Narwee Unit: Median price $657,500, Annual capital growth 8.60%, Number of sales 25, Weekly median advertised rent $398

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

Source: CoreLogic

  • House Report
  • Unit Report

Narwee has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of 4.90% to date .

When looking at the potential capital gains offered to property investors over the last 3 years, Narwee comes in at number 451th in NSW.

Narwee2209 is located in NSW which offers an average discount of -5.53% to property investors. Narwee itself is showing figures that indicate -6.66% is the average achievable by property buyers investing in the suburb.

Residents and property investors in Narwee have been waiting around 55.05 days to sell a property.

Using the current median advertised rental of $562.5 and the average annual increase in value of a median property of 8.57%, investors should hope to achieve an overall return of 2.73%

Giving property investors a a solid capital gain of 13.96% for the last year, Narwee, 2209 is the 238th highest performer in Australia in this respect.

When looking at the potential capital gains offered to property investors over the last 3 years, Narwee comes in at number 396th in NSW.

Narwee2209 is located in NSW which offers an average discount of -4.48% to property investors. Narwee itself is showing figures that indicate -5.64% is the average achievable by property buyers investing in the suburb.

Advertised rents are around the $397.5 mark per week – giving a return of 3.14% based on the median price in Suburb

HOUSE UNIT
$1,070,000 $657,500
-6.96% -1.50%
4.90% 13.96%
8.57% 8.60%
$563 $398
35 25
2.73% 3.14%
55.05 41

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 4956
Median household income ($/weekly) 1013
Median age of persons 39
Median housing loan repayment ($/monthly) 2167
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 530 10.7
    25-34 years 686 13.8
    35-44 years 665 13.4
    45-54 years 677 13.7
    55-64 years 540 10.9
    Others 1858 37.5
    Age Group
    Census Count Percent(%)
    Registered Married 1902 52.4
    Not Married 1600 44.1
    Defacto Relationship 127 3.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 2169 48.6
    Croatia 746 16.7
    India 198 4.4
    Iraq 95 2.1
    Other 302 6.8
    Others 953 21.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 414 9.5
    Christianity 2497 57.0
    Hinduism 120 2.7
    Islam 276 6.3
    No Religion 1036 23.7
    Others 36 0.8
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 158 10.1
    $400-$599 170 10.9
    $600-$799 148 9.5
    $800-$999 143 9.2
    $1,500-$1,999 184 11.8
    Others 757 48.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1547 42.5
    Employed, worked full-time 1306 35.8
    Employed, worked part-time 544 14.9
    Unemployed, looking for work 140 3.8
    Employed, away from work 106 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 200 10.2
    Professionals 405 20.7
    Technicians & trades workers 276 14.1
    Clerical & administrative workers 342 17.5
    Sales 199 10.2
    Others 532 27.2
    Occupation
    Census Count Percent(%)
    Pre-school 65 6.2
    Infants/Primary 331 31.8
    Secondary 277 26.6
    Technical or Further Educational Institution 103 9.9
    University or other Tertiary Institutions 224 21.5
    Others 42 4.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2700 59.9
    Flat, unit or apartment 1030 22.9
    Semi-detached, row or terrace house, townhouse 753 16.7
    House or flat attached to a shop, office 24 0.5
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 612 36.6
    Being purchased 528 31.6
    Fully owned 521 31.2
    Other tenure type 9 0.5
    Tenure Type
Census 2011, ABS
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Recent sales & rentals