Over the last year, property investments in Narellan, 2567 have given investors a capital gain of 9.80%. This compares favourably with the 7.93% for NSW as a whole.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Narellan has increased when compared to the 5 year average annual rate.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.55% offered to property buyers. Sellers in Narellan itself are offering an average vendor discount of -4.25% to real estate investors.
Narellan is 596th on a list of best yielding suburbs for rents in NSW with a 3.82% return