Suburb Profile Report for Narrabundah ACT (2604)

Narrabundah House: Median price $922,500, Annual capital growth 4.47%, Number of sales 103, Weekly median advertised rent $585

Narrabundah Unit: Median price $439,000, Annual capital growth 1.08%, Number of sales 40, Weekly median advertised rent $460

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

Narrabundah is in the TOP 30% in ACT when comparing median price capital growth over the last year. Narrabundah gave property investors a good capital gain figure when compared to the rest of the state, with 10.15%.

A 37.69% growth in median value for property investors in Narrabundah,2604 puts this suburb at number 56th in terms of best performing suburbs in ACT

Narrabundah2604 is located in ACT which offers an average discount of -3.62% to property investors. Narrabundah itself is showing figures that indicate -4.06% is the average achievable by property buyers investing in the suburb.

Narrabundah has had a pretty average year for property investment returns compared to the rest of ACT, giving investors a capital gain of 3.17% to date .

Across a shorter period, Narrabundah, 2604 has seen a median price increase of 0.57% over the last quarter.

LACK OF BUYER INTEREST may well be the reason that Narrabundah is offering property investors an average of -3.82. This rate of discount on properties puts Suburb at number 36th in terms of most discounted suburbs in ACT

Metrics i HOUSE UNIT
$922,500 $439,000
0.27% 0.57%
10.15% 3.17%
4.47% 1.08%
$585 $460
103 40
3.30% 5.45%
135.42 41

Source: CoreLogic

Disclaimer: The data presented here is the latest available data at the time of upload each month. Please note that data is routinely updated by our partners, so may change month to month.

DSR Score for property investment : Above average (H), Good (U)
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Demographics
Total population 5669
Median household income ($/weekly) 1834
Median age of persons 39
Median housing loan repayment ($/monthly) 2200
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 645 11.4
    25-34 years 807 14.2
    35-44 years 915 16.1
    45-54 years 861 15.2
    55-64 years 581 10.2
    Others 1862 32.8
    Age Group
    Census Count Percent(%)
    Not Married 2012 48.9
    Registered Married 1663 40.4
    Defacto Relationship 441 10.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 4039 74.3
    Indonesia 72 1.3
    Papua New Guinea 76 1.4
    United Kingdom 259 4.8
    Other 317 5.8
    Others 676 12.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 145 2.8
    Christianity 3016 58.1
    Hinduism 74 1.4
    Islam 104 2.0
    No Religion 1763 34.0
    Others 85 1.6
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 231 11.3
    $2,000-$2,499 157 7.7
    $2,500-$2,999 276 13.5
    $3,000-$3,499 185 9.0
    $4,000 or more 238 11.6
    Others 964 47.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2081 46.3
    Not in the labour force 1416 31.5
    Employed, worked part-time 701 15.6
    Employed, away from work 175 3.9
    Unemployed, looking for work 122 2.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 516 17.5
    Professionals 1092 37.0
    Technicians & trades workers 260 8.8
    Community & personal service workers 223 7.5
    Clerical & administrative workers 471 15.9
    Others 393 13.3
    Occupation
    Census Count Percent(%)
    Pre-school 86 6.3
    Infants/Primary 407 29.7
    Secondary 370 27.0
    Technical or Further Educational Institution 118 8.6
    University or other Tertiary Institutions 345 25.2
    Others 43 3.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4007 77.4
    Flat, unit or apartment 776 15.0
    Semi-detached, row or terrace house, townhouse 396 7.6
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 958 43.3
    Being purchased 669 30.2
    Fully owned 561 25.4
    Other tenure type 24 1.1
    Tenure Type
Census 2011, ABS
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