Suburb Profile Report for Narellan NSW (2567)

Narellan House: Median price $672,000, Annual capital growth 7.13%, Number of sales 83, Weekly median advertised rent $450

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

Source: CoreLogic

  • House Report

At number 1390th in the list of Australian suburbs ordered by increase in median house value over the last year, Narellan, 2567 is in the top 40% with a property value increase of 11.07% recorded in median house prices.

Narellan,2567 has offered an average of 11.07% return per annum in house price rises to property investors over the last three years.

Vendor discounting in Narellan is giving property investors an average Vendor Discount of around -4.34%. This puts suburb at number 719th in NSW when ranking the most discounted suburbs.

With the median price for a house in Narellan being $672000 and the advertised rent reaching $450 the gross rental yield for property investors calculates out to be 3.48%

Metrics i HOUSE UNIT
$672,000 N/A
1.82% N/A
11.07% N/A
7.13% N/A
$450 N/A
83 N/A
3.48% N/A
35.73 N/A

Source: CoreLogic

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