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%