Suburb Profile Report for Narellan Vale NSW (2567)

Narellan Vale House: Median price $642,500, Annual capital growth 5.76%, Number of sales 127, Weekly median advertised rent $475

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

Source: CoreLogic

  • House Report

Property investors who have had real estate in Narellan Vale, 2567 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 13.20%

Narellan Vale,2567 was ranked 898 in Australia by increase in median property value over the quarter.

Property investors looking for a bargain in Narellan Vale should be aiming for at least -3.57% off the asking price, which is the average vendor discount being achieved at the moment.

Often selling an investment property can take time, and in Narellan Vale the average time real estate has been on the market is 24.4 days.

A $475 per week rent on the median house gives suburb investors a gross yield of circa 3.84%, without taking into account capital value appreciation, which has been averaging out at 5.76%.

HOUSE UNIT
$642,500 N/A
3.01% N/A
13.20% N/A
5.76% N/A
$475 N/A
127 N/A
3.84% N/A
24.4 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 7248
Median household income ($/weekly) 1768
Median age of persons 32
Median housing loan repayment ($/monthly) 2167
Average household size 3.2
  • Census Count Percent(%)
    5-14 years 1365 18.8
    15-19 years 610 8.4
    25-34 years 945 13.0
    35-44 years 1286 17.7
    45-54 years 1009 13.9
    Others 2035 28.1
    Age Group
    Census Count Percent(%)
    Registered Married 2873 57.0
    Not Married 1710 33.9
    Defacto Relationship 459 9.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 6043 86.0
    Papua New Guinea 96 1.4
    South Africa 34 0.5
    United Kingdom 328 4.7
    Other 202 2.9
    Others 323 4.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 31 0.5
    Christianity 5658 82.3
    Islam 66 1.0
    Other Religious Groups 29 0.4
    No Religion 1057 15.4
    Others 37 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 149 7.5
    $1,250-$1,499 178 8.9
    $1,500-$1,999 355 17.8
    $2,000-$2,499 327 16.4
    $2,500-$2,999 228 11.4
    Others 761 38.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2540 49.3
    Not in the labour force 1200 23.3
    Employed, worked part-time 994 19.3
    Employed, away from work 249 4.8
    Unemployed, looking for work 168 3.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 461 12.2
    Professionals 566 14.9
    Technicians & trades workers 561 14.8
    Clerical & administrative workers 738 19.5
    Sales 401 10.6
    Others 1059 28.0
    Occupation
    Census Count Percent(%)
    Pre-school 216 9.9
    Infants/Primary 863 39.7
    Secondary 692 31.8
    Technical or Further Educational Institution 155 7.1
    University or other Tertiary Institutions 212 9.8
    Others 35 1.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6920 98.3
    Semi-detached, row or terrace house, townhouse 118 1.7
    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(%)
    Being purchased 1304 59.6
    Fully owned 457 20.9
    Rented 417 19.0
    Other tenure type 11 0.5
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals