Suburb Profile Report for Narrabri NSW (2390)

Narrabri House: Median price $350,000, Annual capital growth 5.96%, Number of sales 80, Weekly median advertised rent $350

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

Source: CoreLogic

  • House Report

Narrabri has had a A very good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 13.82% to date .

A 29.63% growth in median value for property investors in Narrabri,2390 puts this suburb at number 562th in terms of best performing suburbs in NSW

The most recent median price for Narrabri is $350000, with sellers offering an average of -10.38% off the asking price.

A $350 per week rent on the median house gives suburb investors a gross yield of circa 5.20%, without taking into account capital value appreciation, which has been averaging out at 5.96%.

HOUSE UNIT
$350,000 N/A
2.94% N/A
13.82% N/A
5.96% N/A
$350 N/A
80 N/A
5.20% N/A
178.63 N/A

Source: CoreLogic

DSR Score for property investment : Below average (U), Below average (H)
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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