Property value increases in Narrogin have tracked higher than the WA average of -3.78% over the last 12 months.
If we look at median property appreciation over just the last three months, Narrogin has given property investors a paper return of 11.17%. This puts Suburb as 10 on a list of fastest fasting appreciating suburbs in WA
Property investors looking for a bargain in Narrogin should be aiming for at least -9.60% off the asking price, which is the average vendor discount being achieved at the moment.
With the median price for a house in Narrogin being $211225 and the advertised rent reaching $280 the gross rental yield for property investors calculates out to be 6.89%