At number 3177th in the list of Australian suburbs ordered by increase in median house value over the last year, Naremburn, 2065 is in the BOTTOM 30% with a property value increase of -2.39% recorded in median house prices.
Over the longer term, Naremburn has seen property prices show investors a 27.20% return over the last 3 years. This is worse than over the last 12 months
State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.18% offered to property buyers. Sellers in Naremburn itself are offering an average vendor discount of -5.01% to real estate investors.
Advertised rents are around the $1100 mark per week – giving a return of 2.55% based on the median price in Suburb
If you compare the increase in value of investment property in Naremburn, 2065 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 2.83%.
While Naremburn,2065 ranked number 113th in NSW for increase in median house value (annualised) increase, it is ranked 147th over the last 5 years.
Property buyers and investors in Naremburn 2065 should be seeing an average reduction in asking price of around -3.76% . This means that Naremburn is holding prices well when compared to other suburbs in NSW.
Often selling an investment property can take time, and in Naremburn the average time real estate has been on the market is 46.54 days.
Situated 5.35km from the CBD, Naremburn is one of Willoughby localities in the postcode 2065.