At number 3248th in the list of Australian suburbs ordered by increase in median house value over the last year, Narrandera, 2700 is in the BOTTOM 30% with a property value increase of -3.13% recorded in median house prices.
Taking the average capital gain, or increase in median house value, Narrandera,2700 has racked up an average of -3.13% over the period. This ranks it number 2283th in the whole country for real estate investors looking at median house price increases.
Sellers are offering property buyers an average discount of -8.33% to buyers in Narrandera at the moment, which is less than average for the rest of NSW.
A $240 per week rent on the median house gives suburb investors a gross yield of circa 8.05%, without taking into account capital value appreciation, which has been averaging out at 4.99%.