Property investors who have had real estate in Narellan, 2567 should be relatively 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 6.67%
Over the longer term, Narellan has seen property prices show investors a 52.69% 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 Narellan is offering property investors an average of -5.49. This rate of discount on properties puts Suburb at number 1031th in terms of most discounted suburbs in NSW
Advertised rents are around the $450 mark per week – giving a return of 3.66% based on the median price in Suburb
Narellan is in the TOP 30% in NSW when comparing median price capital growth over the last year. Narellan gave property investors a good capital gain figure when compared to the rest of the state, with 10.84%.
Narellan, 2567’s gross rental yield is 4.32%