Giving property investors a a poor capital gain of -4.08% for the last year, Narromine, 2821 is the 3503th highest performer in Australia in this respect.
Narromine,2821 was ranked 3379 in Australia by increase in median property value over the quarter.
At number 53th of NSW’s most discounted properties, Narromine is in the bottom 10% of the state/territory when listing in order of most discounted to least.
Often selling an investment property can take time, and in Narromine the average time real estate has been on the market is 159.15 days.
Using the current median advertised rental of $295 and the average annual increase in value of a median property of 4.41%, investors should hope to achieve an overall return of 6.53%