Suburb Profile Report for Narrawallee NSW (2539)

Narrawallee House: Median price $543,000, Annual capital growth 3.31%, Number of sales 47, Weekly median advertised rent $430

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

Source: CoreLogic

  • House Report

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%

Metrics i HOUSE UNIT
$543,000 N/A
3.92% N/A
14.32% N/A
3.31% N/A
$430 N/A
47 N/A
4.12% N/A
99.1 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