At number 3187th in the list of Australian suburbs ordered by increase in median house value over the last year, Narwee, 2209 is in the BOTTOM 30% with a property value increase of -0.80% recorded in median house prices.
Comparing Narwee,2209 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
The most recent median price for Narwee is $1051500, with sellers offering an average of -4.35% off the asking price.
Narwee, 2209’s gross rental yield is 2.72%
With a capital gain of -12.21% for the last 12 months, Narwee, 2209 has performed for property investments than its average annual 7.76% property growth over the last 5 years.
The five-year average increase in median property values for Narwee,2209 has given property investors a potential capital gain of 42.53% across each of those five years.
Narwee2209 is located in NSW which offers an average discount of -4.13% to property investors. Narwee itself is showing figures that indicate -3.49% is the average achievable by property buyers investing in the suburb.
On average over the past year, suburb has had 2.58 sales per month, which equates to 31 per year.