At number 2640th in the list of Australian suburbs ordered by increase in median house value over the last year, Narrandera, 2700 is in the BOTTOM 40% with a property value increase of 1.56% recorded in median house prices.
Taking the average capital gain, or increase in median house value, Narrandera,2700 has racked up an average of 1.56% over the period. This ranks it number 2143th in the whole country for real estate investors looking at median house price increases.
Property buyers and investors in Narrandera 2700 should be seeing an average reduction in asking price of around -8.63% . This means that Narrandera is holding prices well when compared to other suburbs in NSW.
Residents and property investors in Narrandera have been waiting around 118.88 days to sell a property.
A $240 per week rent on the median house gives suburb investors a gross yield of circa 7.68%, without taking into account capital value appreciation, which has been averaging out at 2.64%.