At number 3089th in the list of Australian suburbs ordered by increase in median house value over the last year, Narangba, 4504 is in the BOTTOM 30% with a property value increase of -1.55% recorded in median house prices.
Narangba,4504 was ranked 3230 in Australia by increase in median property value over the quarter.
Sellers are offering property buyers an average discount of -4.57% to buyers in Narangba at the moment, which is less than average for the rest of QLD.
At number 1316 in a list of fastest selling suburbs, Narangba is in the TOP 40% of suburbs in Australia with an average of days on market 68.66 for properties listed there.
Renters in Suburb are facing rents around $5040 per annum or $420 every week.
Investment property in Narangba has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 5.59%
Over the longer term, Narangba has seen property prices show investors a 1.49% return over the last 3 years. This is an improvement over the last 12 months
Advertised rents are around the $350 mark per week – giving a return of 5.35% based on the median price in Suburb