Property investors who have had real estate in Narrawallee, 2539 should be relatively pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 11.11%
While Narrawallee,2539 ranked number 710th in NSW for increase in median house value (annualised) increase, it is ranked 965th over the last 5 years.
Property buyers and investors in Narrawallee 2539 should be seeing an average reduction in asking price of around -4.59% . This means that Narrawallee is holding prices well when compared to other suburbs in NSW.
On average over the past year, suburb has had 3.75 sales per month, which equates to 45 per year.
Using the current median advertised rental of $490 and the average annual increase in value of a median property of 3.25%, investors should hope to achieve an overall return of 4.63%