With a capital gain of 17.01% for the last 12 months, Narara, 2250 has performed for property investments than its average annual 5.61% property growth over the last 5 years.
Across a shorter period, Narara, 2250 has seen a median price increase of 1.31% over the last quarter.
Vendor discounting in Narara is giving property investors an average Vendor Discount of around -5.34%. This puts suburb at number 551th 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 29.3 days.
Situated 53.61km from the CBD, Narara is one of Gosford localities in the postcode 2250.
Property value increases in Narara have tracked higher than the NSW average of 8.14% over the last 12 months.
While Narara,2250 ranked number 153th in NSW for increase in median house value (annualised) increase, it is ranked 97th over the last 5 years.
The most recent median price for Narara is $422500, with sellers offering an average of -3.77% off the asking price.
Residents and property investors in Narara have been waiting around 44.75 days to sell a property.