If you compare the increase in value of investment property in Narrandera, 2700 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 4.69%.
Taking the average capital gain, or increase in median house value, Narrandera,2700 has racked up an average of 4.69% over the period. This ranks it number 1885th in the whole country for real estate investors looking at median house price increases.
Sellers are offering property buyers an average discount of -8.14% to buyers in Narrandera at the moment, which is less than average for the rest of NSW.
At number 3324 in a list of fastest selling suburbs, Narrandera is in the bottom 20% of suburbs in Australia with an average of days on market 127.16 for properties listed there.
Advertised rents are around the $240 mark per week – giving a return of 7.45% based on the median price in Suburb