Narrawallee is in the TOP 30% in NSW when comparing median price capital growth over the last year. Narrawallee gave property investors a good capital gain figure when compared to the rest of the state, with 14.32%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Narrawallee has increased when compared to the 5 year average annual rate.
Vendor discounting in Narrawallee is giving property investors an average Vendor Discount of around -4.42%. This puts suburb at number 777th in NSW when ranking the most discounted suburbs.
Often selling an investment property can take time, and in Narrawallee the average time real estate has been on the market is 99.1 days.
Using the current median advertised rental of $430 and the average annual increase in value of a median property of 3.31%, investors should hope to achieve an overall return of 4.12%