At number 1404th in the list of Australian suburbs ordered by increase in median house value over the last year, Narara, 2250 is in the top 40% with a property value increase of 10.28% recorded in median house prices.
Narara,2250 has offered an average of 10.28% return per annum in house price rises to property investors over the last three years.
LACK OF BUYER INTEREST may well be the reason that Narara is offering property investors an average of -5.28. This rate of discount on properties puts Suburb at number 737th in terms of most discounted suburbs in NSW
Narara, 2250’s gross rental yield is 4.01%
Property investors who have had real estate in Narara, 2250 should be relatively pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 7.11%
Over the longer term, Narara has seen property prices show investors a 43.85% return over the last 3 years. This is worse than over the last 12 months
Vendor discounting in Narara is giving property investors an average Vendor Discount of around -1.96%. This puts suburb at number 436th in NSW when ranking the most discounted suburbs.
Property investors should expect to get $380 weekly from the median priced house in this suburb.