Suburb Profile Report for Naremburn NSW (2065)

Naremburn House: Median price $2,135,000, Annual capital growth 8.22%, Number of sales 51, Weekly median advertised rent $1,050

Naremburn Unit: Median price $1,095,000, Annual capital growth 6.82%, Number of sales 65, Weekly median advertised rent $650

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

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • Expert Report
  • House Report
  • Unit Report

With a capital gain of 4.66% for the last 12 months, Naremburn, 2065 has performed for property investments than its average annual 8.22% property growth over the last 5 years.

Taking the average capital gain, or increase in median house value, Naremburn,2065 has racked up an average of 4.66% over the period. This ranks it number 2528th in the whole country for real estate investors looking at median house price increases.

Naremburn is 1070th on a list of best yielding suburbs for rents in NSW with a 2.56% return

At number 775th in the list of Australian suburbs ordered by increase in median house value over the last year, Naremburn, 2065 is in the BOTTOM 50% with a property value increase of -0.45% recorded in median house prices.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Naremburn has increased when compared to the 5 year average annual rate.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Naremburn, 2065. Typically our figures indicate that -4.23% is being offered, which puts this NSW suburb at 877th most discounted overall in Australia.

A $650 per week rent on the median house gives suburb investors a gross yield of circa 3.09%, without taking into account capital value appreciation, which has been averaging out at 6.82%.

Information supplied by:


April 2019

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Recent drop affects Sydney suburb

Postcode: 2065

Median house price: $2,052,500

Three-year growth: 12.9%

Rental yield: 2.4%

With a convenient location close to the city and to a nature reserve at the same time, the suburb of Naremburn on Sydney’s lower North Shore has been highlighted for its quiet atmosphere and amazing views by residents.

Its safe environment makes it a top pick for families, especially with the Sydney CBD being only 6km away. The commercial area is centred on Willoughby Road, which is lined with shops. The city is reachable via the Warringah Freeway, which passes through Naremburn. Its proximity to the suburb of Crows Nest also provides residents with many dining options.

Naremburn is one of the more expensive suburbs in Sydney, with a median house value of more than $2m. However, the capital city’s recent struggles have seen prices fall by 14.5% in the year to February 2019.

Metrics i HOUSE UNIT
$2,135,000 $1,095,000
0.71% 0.00%
4.66% -0.45%
8.22% 6.82%
$1,050 $650
51 65
2.56% 3.09%
N/A 59.3478260869565

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (H), Very 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