Suburb Profile Report for Narara NSW (2250)

Narara House: Median price $540,000, Annual capital growth 5.64%, Number of sales 132, Weekly median advertised rent $445

Narara Unit: Median price $427,500, Annual capital growth 5.19%, Number of sales 30, 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

Narara, 2250 ranked 577th in NSW when comparing growth in median property values or capital gain over the last 12 months. Narara is one of 3163 in our list for NSW

Across a shorter period, Narara, 2250 has seen a median price increase of -0.92% over the last quarter.

Narara, 2250 is offering NSW ‘s 488th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 40% of discounts offered by this NSW.

Situated 53.58km from the CBD, Narara is one of Gosford localities in the postcode 2250.

If you compare the increase in value of investment property in Narara, 2250 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 9.62%.

Narara,2250 has offered an average of 9.62% return per annum in house price rises to property investors over the last three years.

Property buyers and investors in Narara 2250 should be seeing an average reduction in asking price of around -4.39% . This means that Narara is holding prices well when compared to other suburbs in NSW.

Residents and property investors in Narara have been waiting around 41.83 days to sell a property.

Renters in Suburb are facing rents around $4560 per annum or $380 every week.

HOUSE UNIT
$540,000 $427,500
-0.92% 0.59%
8.54% 9.62%
5.64% 5.19%
$445 $380
132 30
4.29% 4.62%
34.85 41.83

Source: CoreLogic

DSR Score for property investment : Good (U), Very good (H)
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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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Recent sales & rentals