If you compare the increase in value of investment property in Narrabeen, 2101 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was -4.17%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Narrabeen has increased when compared to the 5 year average annual rate.
Narrabeen is 1092th on a list of best yielding suburbs for rents in NSW with a 2.49% return
Investment property in Narrabeen has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 3.99%
While Narrabeen,2101 ranked number 253th in NSW for increase in median house value (annualised) increase, it is ranked 195th over the last 5 years.
Narrabeen, 2101 is offering NSW ‘s 296th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 20% of discounts offered by this NSW.
A $580 per week rent on the median house gives suburb investors a gross yield of circa 3.56%, without taking into account capital value appreciation, which has been averaging out at 5.31%.