With a capital gain of 10.80% for the last 12 months, Narara, 2250 has performed for property investments than its average annual 6.87% property growth over the last 5 years.
Taking the average capital gain, or increase in median house value, Narara,2250 has racked up an average of 10.80% over the period. This ranks it number 1158th in the whole country for real estate investors looking at median house price increases.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.22% offered to property buyers. Sellers in Narara itself are offering an average vendor discount of -4.13% to real estate investors.
Property investors should expect to get $460 weekly from the median priced house in this suburb.
Investment property in Narara has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 5.88%
Comparing Narara,2250 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Vendor discounting in Narara is giving property investors an average Vendor Discount of around -2.49%. This puts suburb at number 395th in NSW when ranking the most discounted suburbs.
Often selling an investment property can take time, and in Narara the average time real estate has been on the market is 20.86 days.