Suburb Profile Report for Narrabri NSW (2390)

Narrabri House: Median price $360,000, Annual capital growth 6.31%, Number of sales 87, Weekly median advertised rent $350

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

Narrabri is in the TOP 20% in NSW when comparing median price capital growth over the last year. Narrabri gave property investors a very good capital gain figure when compared to the rest of the state, with 18.52%.

Across a shorter period, Narrabri, 2390 has seen a median price increase of 2.86% over the last quarter.

Vendor discounting in Narrabri is giving property investors an average Vendor Discount of around -9.37%. This puts suburb at number 66th in NSW when ranking the most discounted suburbs.

With the median price for a house in Narrabri being $360000 and the advertised rent reaching $350 the gross rental yield for property investors calculates out to be 5.06%

Metrics i HOUSE UNIT
$360,000 N/A
2.86% N/A
18.52% N/A
6.31% N/A
$350 N/A
87 N/A
5.06% N/A
175.06 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Below average (H)
Find a mortgage broker in Narrabri NSW
Demographics
Total population 7391
Median household income ($/weekly) 1047
Median age of persons 38
Median housing loan repayment ($/monthly) 1358
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 1025 13.9
    25-34 years 863 11.7
    35-44 years 942 12.7
    45-54 years 1041 14.1
    55-64 years 888 12.0
    Others 2632 35.6
    Age Group
    Census Count Percent(%)
    Registered Married 2604 51.0
    Not Married 1930 37.8
    Defacto Relationship 573 11.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 6564 95.6
    Papua New Guinea 28 0.4
    Philippines 34 0.5
    United Kingdom 67 1.0
    Other 54 0.8
    Others 117 1.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 10 0.1
    Christianity 5811 86.0
    Hinduism 9 0.1
    Other Religious Groups 11 0.2
    No Religion 911 13.5
    Others 7 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 284 12.0
    $600-$799 263 11.1
    $800-$999 228 9.6
    $1,000-$1,249 225 9.5
    $1,500-$1,999 287 12.1
    Others 1088 45.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2211 40.6
    Not in the labour force 1888 34.7
    Employed, worked part-time 937 17.2
    Employed, away from work 248 4.6
    Unemployed, looking for work 164 3.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 464 13.7
    Professionals 473 13.9
    Technicians & trades workers 577 17.0
    Clerical & administrative workers 408 12.0
    Labourers 431 12.7
    Others 1040 30.7
    Occupation
    Census Count Percent(%)
    Pre-school 136 8.8
    Infants/Primary 652 42.1
    Secondary 431 27.8
    Technical or Further Educational Institution 208 13.4
    University or other Tertiary Institutions 103 6.6
    Others 20 1.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6202 91.6
    Semi-detached, row or terrace house, townhouse 46 0.7
    Flat, unit or apartment 474 7.0
    Caravan, cabin, houseboat 32 0.5
    House or flat attached to a shop, office 13 0.2
    Others 7 0.1
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 948 36.0
    Rented 845 32.1
    Being purchased 813 30.9
    Other tenure type 24 0.9
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals