Narrabundah, 2604 ranked 43th in ACT when comparing growth in median property values or capital gain over the last 12 months. Narrabundah is one of 126 in our list for ACT
The five-year average increase in median property values for Narrabundah,2604 has given property investors a potential capital gain of 40.38% across each of those five years.
At number 345 in a list of fastest selling suburbs, Narrabundah is in the TOP 10% of suburbs in Australia with an average of days on market 47.7667 for properties listed there.
Advertised rents are around the $600 mark per week – giving a return of 3.42% based on the median price in Suburb
At number 605th in the list of Australian suburbs ordered by increase in median house value over the last year, Narrabundah, 2604 is in the top half with a property value increase of 0.06% recorded in median house prices.
Narrabundah,2604 has offered an average of 0.06% return per annum in house price rises to property investors over the last three years.
Our latest figures would indicate that property sellers in Narrabundah are currently offering property investors an average price cut of -3.59% below the asking price at the moment.
At number 823 in a list of fastest selling suburbs, Narrabundah is in the bottom 40% of suburbs in Australia with an average of days on market 84.1 for properties listed there.
Narrabundah, 2604’s gross rental yield is 5.60%