Giving property investors a an unimpressive capital gain of 1.05% for the last year, Narromine, 2821 is the 2889th highest performer in Australia in this respect.
Narromine,2821 has offered an average of 1.05% return per annum in house price rises to property investors over the last three years.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.28% offered to property buyers. Sellers in Narromine itself are offering an average vendor discount of -9.61% to real estate investors.
With the median price for a house in Narromine being $240000 and the advertised rent reaching $300 the gross rental yield for property investors calculates out to be 6.50%