Suburb Profile Report for Narara NSW (2250)

Narara House: Median price $540,000, Annual capital growth 5.65%, Number of sales 126, Weekly median advertised rent $430

Narara Unit: Median price $425,000, Annual capital growth 5.32%, Number of sales 31, Weekly median advertised rent $380

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales
TOP 100 suburbs

Source: CoreLogic

  • House Report
  • Unit Report

Narara has had a A very good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 16.88% to date .

While Narara,2250 ranked number 690th in NSW for increase in median house value (annualised) increase, it is ranked 346th over the last 5 years.

Narara2250 is located in NSW which offers an average discount of -5.55% to property investors. Narara itself is showing figures that indicate -5.50% is the average achievable by property buyers investing in the suburb.

Renters in Suburb are facing rents around $5160 per annum or $430 every week.

Narara, 2250 ranked 29th in NSW when comparing growth in median property values or capital gain over the last 12 months. Narara is one of 3162 in our list for NSW

Narara,2250 has offered an average of 23.19% return per annum in house price rises to property investors over the last three years.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Narara, 2250. Typically our figures indicate that -3.77% is being offered, which puts this NSW suburb at 1153th most discounted overall in Australia.

In the last year 31 properties changed hands in Narara, which puts it as the 351th most active market in NSW when comparing the number of sales per suburb.

Using the current median advertised rental of $380 and the average annual increase in value of a median property of 5.32%, investors should hope to achieve an overall return of 4.65%

HOUSE UNIT
$540,000 $425,000
0.93% 0.59%
16.88% 23.19%
5.65% 5.32%
$430 $380
126 31
4.14% 4.65%
30.74 37

Source: CoreLogic

DSR Score for property investment : Good (U), Very good (H)
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Demographics
Total population 7766
Median household income ($/weekly) 1294
Median age of persons 37
Median housing loan repayment ($/monthly) 1794
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 1045 13.5
    25-34 years 914 11.8
    35-44 years 1071 13.8
    45-54 years 1200 15.5
    55-64 years 1002 12.9
    Others 2534 32.6
    Age Group
    Census Count Percent(%)
    Registered Married 2901 50.2
    Not Married 2377 41.1
    Defacto Relationship 505 8.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 6258 83.8
    Papua New Guinea 144 1.9
    Philippines 47 0.6
    United Kingdom 477 6.4
    Other 145 1.9
    Others 394 5.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 64 0.9
    Christianity 5440 75.8
    Islam 25 0.3
    Other Religious Groups 41 0.6
    No Religion 1589 22.1
    Others 18 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 241 10.1
    $800-$999 223 9.3
    $1,000-$1,249 243 10.1
    $1,500-$1,999 370 15.4
    $2,000-$2,499 246 10.3
    Others 1072 44.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2274 38.3
    Not in the labour force 1848 31.1
    Employed, worked part-time 1304 22.0
    Employed, away from work 265 4.5
    Unemployed, looking for work 244 4.1
    Person Characteristics
  • Census Count Percent(%)
    Professionals 748 19.5
    Technicians & trades workers 582 15.2
    Community & personal service workers 429 11.2
    Clerical & administrative workers 616 16.0
    Sales 442 11.5
    Others 1024 26.7
    Occupation
    Census Count Percent(%)
    Pre-school 164 8.1
    Infants/Primary 661 32.7
    Secondary 643 31.8
    Technical or Further Educational Institution 201 9.9
    University or other Tertiary Institutions 311 15.4
    Others 42 2.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6759 90.6
    Semi-detached, row or terrace house, townhouse 633 8.5
    Flat, unit or apartment 60 0.8
    House or flat attached to a shop, office 10 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1302 49.3
    Fully owned 838 31.7
    Rented 498 18.8
    Other tenure type 4 0.2
    Tenure Type
Census 2011, ABS
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