Narrabeen is in the bottom 10% in NSW when comparing median price capital growth over the last year. Narrabeen gave property investors a dismal capital gain figure when compared to the rest of the state, with -0.91%.
A 90.39% growth in median value for property investors in Narrabeen,2101 puts this suburb at number 1126th in terms of best performing suburbs in NSW
Sellers are offering property buyers an average discount of -13.26% to buyers in Narrabeen at the moment, which is less than average for the rest of NSW.
At number 1733 in a list of fastest selling suburbs, Narrabeen is just in the top half of suburbs in Australia with an average of days on market 69.83 for properties listed there.
A $950 per week rent on the median house gives suburb investors a gross yield of circa 2.27%, without taking into account capital value appreciation, which has been averaging out at 8.34%.
At number 447th in the list of Australian suburbs ordered by increase in median house value over the last year, Narrabeen, 2101 is in the top 30% with a property value increase of 11.23% recorded in median house prices.
Narrabeen,2101 was ranked 1361 in Australia by increase in median property value over the quarter.
Vendor discounting in Narrabeen is giving property investors an average Vendor Discount of around -3.26%. This puts suburb at number 344th in NSW when ranking the most discounted suburbs.
Situated 18.20km from the CBD, Narrabeen is one of Pittwater localities in the postcode 2101.