Giving property investors a a stable capital gain of 4.47% for the last year, North Narrabeen, 2101 is the 1173th highest performer in Australia in this respect.
Over the longer term, North Narrabeen has seen property prices show investors a 2.10% return over the last 3 years. This is an improvement over the last 12 months
Property investors looking for a bargain in North Narrabeen should be aiming for at least -8.81% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 5.17 sales per month, which equates to 62 per year.
North Narrabeen, 2101’s gross rental yield is 3.21%
Across a shorter period, North Narrabeen, 2101 has seen a median price increase of -3.55% over the last quarter.
A $555 per week rent on the median house gives suburb investors a gross yield of circa 3.04%, without taking into account capital value appreciation, which has been averaging out at 29.63%.