Suburb Profile Report for Narrawallee NSW (2539)

Narrawallee House: Median price $549,500, Annual capital growth 3.64%, Number of sales 48, Weekly median advertised rent $473

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

Source: CoreLogic

  • House Report

At number 241th in the list of Australian suburbs ordered by increase in median house value over the last year, Narrawallee, 2539 is in the top 10% with a property value increase of 22.11% recorded in median house prices.

If we look at median property appreciation over just the last three months, Narrawallee has given property investors a paper return of 5.67%. This puts Suburb as 269 on a list of fastest fasting appreciating suburbs in NSW

Vendor discounting in Narrawallee is giving property investors an average Vendor Discount of around -4.75%. This puts suburb at number 722th in NSW when ranking the most discounted suburbs.

Advertised rents are around the $472.5 mark per week – giving a return of 4.47% based on the median price in Suburb

Metrics i HOUSE UNIT
$549,500 N/A
5.67% N/A
22.11% N/A
3.64% N/A
$473 N/A
48 N/A
4.47% N/A
104.72 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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Demographics
Total population 1280
Median household income ($/weekly) 811
Median age of persons 50
Median housing loan repayment ($/monthly) 1517
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 160 12.5
    35-44 years 129 10.1
    45-54 years 181 14.2
    55-64 years 179 14.0
    65-74 years 220 17.2
    Others 410 32.1
    Age Group
    Census Count Percent(%)
    Registered Married 537 58.8
    Not Married 302 33.1
    Defacto Relationship 74 8.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 1058 88.1
    Greece 9 0.7
    Papua New Guinea 13 1.1
    United Kingdom 66 5.5
    Other 24 2.0
    Others 31 2.6
    Country of Birth
    Census Count Percent(%)
    Christianity 866 73.5
    No Religion 276 23.4
    Buddhism 25 2.1
    Other Religious Groups 8 0.7
    Judaism 3 0.3
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 77 17.7
    $600-$799 75 17.2
    $800-$999 55 12.6
    $1,000-$1,249 41 9.4
    $1,250-$1,499 46 10.6
    Others 142 32.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 512 51.3
    Employed, worked full-time 227 22.7
    Employed, worked part-time 192 19.2
    Unemployed, looking for work 43 4.3
    Employed, away from work 24 2.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 61 13.7
    Professionals 82 18.4
    Technicians & trades workers 68 15.3
    Community & personal service workers 59 13.3
    Clerical & administrative workers 55 12.4
    Others 120 27.0
    Occupation
    Census Count Percent(%)
    Pre-school 31 11.6
    Infants/Primary 95 35.4
    Secondary 101 37.7
    Technical or Further Educational Institution 26 9.7
    University or other Tertiary Institutions 9 3.4
    Others 6 2.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1110 96.9
    Semi-detached, row or terrace house, townhouse 35 3.1
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 240 50.4
    Being purchased 118 24.8
    Rented 115 24.2
    Other tenure type 3 0.6
    Tenure Type
Census 2011, ABS
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Recent sales & rentals