Suburb Profile Report for Narromine NSW (2821)

Narromine House: Median price $237,500, Annual capital growth 4.87%, Number of sales 73, Weekly median advertised rent $300

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

Source: CoreLogic

  • House Report

With a capital gain of 3.26% for the last 12 months, Narromine, 2821 has performed for property investments than its average annual 4.87% property growth over the last 5 years.

The five-year average increase in median property values for Narromine,2821 has given property investors a potential capital gain of 30.14% across each of those five years.

Vendor discounting in Narromine is giving property investors an average Vendor Discount of around -8.38%. This puts suburb at number 119th in NSW when ranking the most discounted suburbs.

Metrics i HOUSE UNIT
$237,500 N/A
-6.86% N/A
3.26% N/A
4.87% N/A
$300 N/A
73 N/A
6.57% N/A
149.4 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Above average (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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