Suburb Profile Report for North Narooma NSW (2546)

North Narooma House: Median price $440,000, Annual capital growth 2.37%, Number of sales 24, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report

Over the last year, property investments in North Narooma, 2546 have given investors a capital gain of 20.96%. This compares very favourably with the 10.13% for NSW as a whole.

The five-year average increase in median property values for North Narooma,2546 has given property investors a potential capital gain of 12.10% across each of those five years.

LACK OF BUYER INTEREST may well be the reason that North Narooma is offering property investors an average of -5.28. This rate of discount on properties puts Suburb at number 599th in terms of most discounted suburbs in NSW

Often selling an investment property can take time, and in North Narooma the average time real estate has been on the market is 77.53 days.

Metrics i HOUSE UNIT
$440,000 N/A
-8.80% N/A
20.96% N/A
2.37% N/A
N/A N/A
24 N/A
N/A N/A
77.53 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Above average (H)
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Demographics
Total population 571
Median household income ($/weekly) 796
Median age of persons 57
Median housing loan repayment ($/monthly) 1690
Average household size 2.1
  • Census Count Percent(%)
    35-44 years 45 7.9
    45-54 years 81 14.2
    55-64 years 153 26.8
    65-74 years 112 19.6
    75-84 years 54 9.5
    Others 126 22.1
    Age Group
    Census Count Percent(%)
    Registered Married 278 61.0
    Not Married 132 28.9
    Defacto Relationship 46 10.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 464 85.3
    New Zealand 6 1.1
    Papua New Guinea 6 1.1
    United Kingdom 39 7.2
    Other 14 2.6
    Others 15 2.8
    Country of Birth
    Census Count Percent(%)
    Christianity 383 73.7
    No Religion 124 23.8
    Buddhism 7 1.3
    Australian Aboriginal Traditional Religions 3 0.6
    Other Religious Groups 3 0.6
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 42 18.2
    $600-$799 40 17.3
    $800-$999 30 13.0
    $1,250-$1,499 23 10.0
    $1,500-$1,999 22 9.5
    Others 74 32.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 269 55.1
    Employed, worked full-time 107 21.9
    Employed, worked part-time 76 15.6
    Employed, away from work 20 4.1
    Unemployed, looking for work 16 3.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 26 12.9
    Professionals 37 18.3
    Technicians & trades workers 39 19.3
    Community & personal service workers 26 12.9
    Clerical & administrative workers 31 15.3
    Others 43 21.3
    Occupation
    Census Count Percent(%)
    Infants/Primary 26 35.1
    Secondary 26 35.1
    Technical or Further Educational Institution 9 12.2
    University or other Tertiary Institutions 9 12.2
    Pre-school 4 5.4
    Others 0 0.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 503 94.7
    Flat, unit or apartment 12 2.3
    Semi-detached, row or terrace house, townhouse 10 1.9
    House or flat attached to a shop, office 6 1.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 146 61.3
    Being purchased 47 19.7
    Rented 41 17.2
    Other tenure type 4 1.7
    Tenure Type
Census 2011, ABS
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