Suburb Profile Report for Naremburn NSW (2065)

Naremburn House: Median price $2,425,000, Annual capital growth 9.33%, Number of sales 56, Weekly median advertised rent $1,100

Naremburn Unit: Median price $1,100,000, Annual capital growth 6.43%, Number of sales 69, Weekly median advertised rent $675

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

Source: CoreLogic

  • House Report
  • Unit Report

With a capital gain of 16.59% for the last 12 months, Naremburn, 2065 has performed for property investments than its average annual 9.33% property growth over the last 5 years.

A 102.08% growth in median value for property investors in Naremburn,2065 puts this suburb at number 420th in terms of best performing suburbs in NSW

Our latest figures would indicate that property sellers in Naremburn are currently offering property investors an average price cut of -4.17% below the asking price at the moment.

A $1100 per week rent on the median house gives suburb investors a gross yield of circa 2.36%, without taking into account capital value appreciation, which has been averaging out at 9.33%.

Giving property investors a a stable capital gain of 12.82% for the last year, Naremburn, 2065 is the 361th highest performer in Australia in this respect.

When looking at the potential capital gains offered to property investors over the last 3 years, Naremburn comes in at number 129th in NSW.

Vendor discounting in Naremburn is giving property investors an average Vendor Discount of around -2.62%. This puts suburb at number 425th in NSW when ranking the most discounted suburbs.

With the median price for a house in Naremburn being $1100000 and the advertised rent reaching $675 the gross rental yield for property investors calculates out to be 3.19%

Metrics i HOUSE UNIT
$2,425,000 $1,100,000
1.89% -2.22%
16.59% 12.82%
9.33% 6.43%
$1,100 $675
56 69
2.36% 3.19%
73.77 35.5

Source: CoreLogic

DSR Score for property investment : Very good (H), Good (U)
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Demographics
Total population 5474
Median household income ($/weekly) 2524
Median age of persons 36
Median housing loan repayment ($/monthly) 3000
Average household size 2.4
  • Census Count Percent(%)
    0-4 years 548 10.0
    25-34 years 1049 19.2
    35-44 years 1081 19.7
    45-54 years 749 13.7
    55-64 years 565 10.3
    Others 1482 27.1
    Age Group
    Census Count Percent(%)
    Registered Married 2127 51.6
    Not Married 1543 37.4
    Defacto Relationship 452 11.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 3439 65.1
    India 109 2.1
    Papua New Guinea 177 3.4
    United Kingdom 383 7.3
    Other 247 4.7
    Others 925 17.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 139 2.7
    Christianity 3178 62.3
    Hinduism 73 1.4
    Judaism 47 0.9
    No Religion 1603 31.4
    Others 63 1.2
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 177 8.7
    $2,000-$2,499 161 7.9
    $2,500-$2,999 387 19.0
    $3,000-$3,499 197 9.7
    $4,000 or more 338 16.6
    Others 780 38.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2279 53.9
    Not in the labour force 969 22.9
    Employed, worked part-time 714 16.9
    Employed, away from work 171 4.0
    Unemployed, looking for work 97 2.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 646 20.4
    Professionals 1376 43.5
    Technicians & trades workers 203 6.4
    Community & personal service workers 201 6.4
    Clerical & administrative workers 408 12.9
    Others 328 10.4
    Occupation
    Census Count Percent(%)
    Pre-school 155 13.5
    Infants/Primary 377 32.8
    Secondary 226 19.6
    Technical or Further Educational Institution 89 7.7
    University or other Tertiary Institutions 263 22.8
    Others 41 3.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2551 48.6
    Flat, unit or apartment 1575 30.0
    Semi-detached, row or terrace house, townhouse 1109 21.1
    Caravan, cabin, houseboat 7 0.1
    House or flat attached to a shop, office 3 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 783 35.7
    Rented 766 34.9
    Fully owned 633 28.9
    Other tenure type 10 0.5
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals