Suburb Profile Report for Narrawallee NSW (2539)

Narrawallee House: Median price $522,500, Annual capital growth 3.11%, Number of sales 39, Weekly median advertised rent $500

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

Source: CoreLogic

  • House Report

Property investors who have had real estate in Narrawallee, 2539 should be 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 17.42%

Over the longer term, Narrawallee has seen property prices show investors a 33.97% return over the last 3 years. This is worse than over the last 12 months

LACK OF BUYER INTEREST may well be the reason that Narrawallee is offering property investors an average of -5.49. This rate of discount on properties puts Suburb at number 709th in terms of most discounted suburbs in NSW

On average over the past year, suburb has had 3.25 sales per month, which equates to 39 per year.

With the median price for a house in Narrawallee being $522500 and the advertised rent reaching $500 the gross rental yield for property investors calculates out to be 4.98%

Metrics i HOUSE UNIT
$522,500 N/A
1.46% N/A
17.42% N/A
3.11% N/A
$500 N/A
39 N/A
4.98% N/A
106.35 N/A

Source: CoreLogic

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