Suburb Profile Report for Narellan NSW (2567)

Narellan House: Median price $639,000, Annual capital growth 6.54%, Number of sales 62, Weekly median advertised rent $450

Narellan Unit: Median price $506,000, Annual capital growth 9.09%, Number of sales 10, Weekly median advertised rent $420

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

Source: CoreLogic

  • House Report
  • Unit Report

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%

HOUSE UNIT
$639,000 $506,000
5.14% -1.36%
6.67% 10.84%
6.54% 9.09%
$450 $420
62 10
3.66% 4.32%
28.3 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 3493
Median household income ($/weekly) 1373
Median age of persons 35
Median housing loan repayment ($/monthly) 2000
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 466 13.3
    25-34 years 473 13.5
    35-44 years 481 13.8
    45-54 years 490 14.0
    55-64 years 410 11.7
    Others 1172 33.6
    Age Group
    Census Count Percent(%)
    Registered Married 1243 47.4
    Not Married 1127 43.0
    Defacto Relationship 253 9.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 2947 86.9
    Greece 28 0.8
    Papua New Guinea 35 1.0
    United Kingdom 186 5.5
    Other 55 1.6
    Others 141 4.2
    Country of Birth
    Census Count Percent(%)
    Christianity 2820 84.8
    No Religion 470 14.1
    Buddhism 19 0.6
    Islam 10 0.3
    Other Religious Groups 6 0.2
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 101 9.4
    $600-$799 106 9.8
    $1,000-$1,249 102 9.5
    $1,500-$1,999 176 16.3
    $2,000-$2,499 136 12.6
    Others 457 42.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1180 43.9
    Not in the labour force 846 31.5
    Employed, worked part-time 475 17.7
    Unemployed, looking for work 101 3.8
    Employed, away from work 85 3.2
    Person Characteristics
  • Census Count Percent(%)
    Professionals 246 14.1
    Technicians & trades workers 271 15.6
    Clerical & administrative workers 274 15.8
    Machinery operators & drivers 209 12.0
    Labourers 199 11.4
    Others 540 31.1
    Occupation
    Census Count Percent(%)
    Pre-school 74 9.4
    Infants/Primary 307 39.0
    Secondary 246 31.3
    Technical or Further Educational Institution 79 10.0
    University or other Tertiary Institutions 70 8.9
    Others 11 1.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3193 93.8
    Semi-detached, row or terrace house, townhouse 197 5.8
    Flat, unit or apartment 10 0.3
    House or flat attached to a shop, office 3 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 506 41.9
    Fully owned 349 28.9
    Rented 338 28.0
    Other tenure type 14 1.2
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals