Suburb Profile Report for Narara NSW (2250)

Narara House: Median price $550,000, Annual capital growth 5.75%, Number of sales 139, Weekly median advertised rent $450

Narara Unit: Median price $431,750, Annual capital growth 5.46%, 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

At number 1698th in the list of Australian suburbs ordered by increase in median house value over the last year, Narara, 2250 is in the top half with a property value increase of 6.59% recorded in median house prices.

If we look at median property appreciation over just the last three months, Narara has given property investors a paper return of 1.85%. This puts Suburb as 732 on a list of fastest fasting appreciating suburbs in NSW

Sellers are offering property buyers an average discount of -4.38% to buyers in Narara at the moment, which is less than average for the rest of NSW.

Often selling an investment property can take time, and in Narara the average time real estate has been on the market is 33.05 days.

At number 427th in the list of Australian suburbs ordered by increase in median house value over the last year, Narara, 2250 is in the top 30% with a property value increase of 9.30% recorded in median house prices.

Narara,2250 was ranked 760 in Australia by increase in median property value over the quarter.

Narara2250 is located in NSW which offers an average discount of -4.41% to property investors. Narara itself is showing figures that indicate -4.51% is the average achievable by property buyers investing in the suburb.

Often selling an investment property can take time, and in Narara the average time real estate has been on the market is 42.46 days.

Narara is 166th on a list of best yielding suburbs for rents in NSW with a 4.58% return

Metrics i HOUSE UNIT
$550,000 $431,750
1.85% 0.99%
6.59% 9.30%
5.75% 5.46%
$450 $380
139 31
4.25% 4.58%
33.05 42.46

Source: CoreLogic

DSR Score for property investment : Good (H), Very good (U)
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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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