If you compare the increase in value of investment property in Narooma, 2546 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 7.53%.
If we look at median property appreciation over just the last three months, Narooma has given property investors a paper return of 2.35%. This puts Suburb as 441 on a list of fastest fasting appreciating suburbs in NSW
Narooma, 2546 is offering NSW ‘s 510th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this NSW.
Advertised rents are around the $340 mark per week – giving a return of 4.50% based on the median price in Suburb
Narooma has had a A very good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 13.91% to date .
Taking the average capital gain, or increase in median house value, Narooma,2546 has racked up an average of 13.91% over the period. This ranks it number 692th in the whole country for real estate investors looking at median house price increases.
At number 32th of NSW’s most discounted properties, Narooma is in the bottom 10% of the state/territory when listing in order of most discounted to least.
On average over the past year, suburb has had 4.00 sales per month, which equates to 48 per year.
Narooma is 183th on a list of best yielding suburbs for rents in NSW with a 4.60% return