Suburb Profile Report for North Narooma NSW (2546)

North Narooma House: Median price $430,000, Annual capital growth 3.74%, Number of sales 19, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report

At number 357th in the list of Australian suburbs ordered by increase in median house value over the last year, North Narooma, 2546 is in the top 10% with a property value increase of 18.21% recorded in median house prices.

If we look at median property appreciation over just the last three months, North Narooma has given property investors a paper return of 7.50%. This puts Suburb as 147 on a list of fastest fasting appreciating suburbs in NSW

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in North Narooma, 2546. Typically our figures indicate that -4.75% is being offered, which puts this NSW suburb at 2708th most discounted overall in Australia.

At number 1695 in a list of fastest selling suburbs, North Narooma is just in the top half of suburbs in Australia with an average of days on market 76.8 for properties listed there.

Metrics i HOUSE UNIT
$430,000 N/A
7.50% N/A
18.21% N/A
3.74% N/A
N/A N/A
19 N/A
N/A N/A
76.8 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Good (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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