Investment property in Narraweena has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -12.45%
If we look at median property appreciation over just the last three months, Narraweena has given property investors a paper return of -0.52%. This puts Suburb as 519 on a list of fastest fasting appreciating suburbs in NSW
State is the 2nd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.34% offered to property buyers. Sellers in Narraweena itself are offering an average vendor discount of -7.59% to real estate investors.
On average over the past year, suburb has had 4.83 sales per month, which equates to 58 per year.
Situated 14.41km from the CBD, Narraweena is one of Northern Beaches (A) localities in the postcode 2099.