Suburb Profile Report for Narromine NSW (2821)

Narromine House: Median price $235,000, Annual capital growth 4.71%, Number of sales 76, Weekly median advertised rent $285

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

Source: CoreLogic

  • House Report

Property investors who have had real estate in Narromine, 2821 should be ok with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 4.44%

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Narromine has increased when compared to the 5 year average annual rate.

Our latest figures would indicate that property sellers in Narromine are currently offering property investors an average price cut of -7.54% below the asking price at the moment.

Situated 326.56km from the CBD, Narromine is one of Narromine localities in the postcode 2821.

Metrics i HOUSE UNIT
$235,000 N/A
-7.84% N/A
4.44% N/A
4.71% N/A
$285 N/A
76 N/A
6.31% N/A
143.45 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Balanced (H)
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Demographics
Total population 4581
Median household income ($/weekly) 848
Median age of persons 38
Median housing loan repayment ($/monthly) 1100
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 726 15.8
    25-34 years 460 10.0
    35-44 years 553 12.1
    45-54 years 599 13.1
    55-64 years 567 12.4
    Others 1676 36.6
    Age Group
    Census Count Percent(%)
    Registered Married 1502 49.3
    Not Married 1248 40.9
    Defacto Relationship 299 9.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 4185 96.5
    Indonesia 8 0.2
    Papua New Guinea 22 0.5
    United Kingdom 59 1.4
    Other 16 0.4
    Others 48 1.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 14 0.3
    Christianity 3753 88.3
    Hinduism 5 0.1
    Other Religious Groups 4 0.1
    No Religion 473 11.1
    Others 3 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 178 12.1
    $400-$599 219 14.9
    $600-$799 172 11.7
    $800-$999 143 9.7
    $1,500-$1,999 165 11.2
    Others 592 40.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1234 37.8
    Employed, worked full-time 1217 37.2
    Employed, worked part-time 543 16.6
    Employed, away from work 138 4.2
    Unemployed, looking for work 136 4.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 368 19.4
    Professionals 273 14.4
    Technicians & trades workers 257 13.5
    Clerical & administrative workers 203 10.7
    Labourers 251 13.2
    Others 549 28.9
    Occupation
    Census Count Percent(%)
    Pre-school 98 9.3
    Infants/Primary 488 46.2
    Secondary 290 27.4
    Technical or Further Educational Institution 100 9.5
    University or other Tertiary Institutions 56 5.3
    Others 25 2.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4058 95.5
    Flat, unit or apartment 81 1.9
    Semi-detached, row or terrace house, townhouse 71 1.7
    House or flat attached to a shop, office 26 0.6
    Caravan, cabin, houseboat 12 0.3
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 621 38.1
    Being purchased 500 30.7
    Rented 494 30.3
    Other tenure type 16 1.0
    Tenure Type
Census 2011, ABS
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