Suburb Profile Report for North Narrabeen NSW (2101)

North Narrabeen House: Median price $1,460,000, Annual capital growth 6.69%, Number of sales 62, Weekly median advertised rent $900

North Narrabeen Unit: Median price $950,000, Annual capital growth 29.63%, Number of sales 11, Weekly median advertised rent $555

  • 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.

  • House Report
  • Unit Report

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%.

Metrics i HOUSE UNIT
$1,460,000 $950,000
4.29% -3.55%
4.47% N/A
6.69% 29.63%
$900 $555
62 11
3.21% 3.04%
70 N/A

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 : Very good (H), Above average (U)
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Demographics
Total population 5535
Median household income ($/weekly) 1793
Median age of persons 38
Median housing loan repayment ($/monthly) 2934
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 760 13.7
    25-34 years 600 10.8
    35-44 years 972 17.6
    45-54 years 810 14.6
    55-64 years 681 12.3
    Others 1713 30.9
    Age Group
    Census Count Percent(%)
    Registered Married 2191 55.2
    Not Married 1385 34.9
    Defacto Relationship 396 10.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 4195 79.6
    New Zealand 50 0.9
    Papua New Guinea 131 2.5
    United Kingdom 385 7.3
    Other 169 3.2
    Others 339 6.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 80 1.6
    Christianity 3548 70.2
    Judaism 14 0.3
    Other Religious Groups 29 0.6
    No Religion 1375 27.2
    Others 11 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $1,250-$1,499 134 8.3
    $1,500-$1,999 217 13.5
    $2,000-$2,499 196 12.2
    $2,500-$2,999 195 12.1
    $3,000-$3,499 143 8.9
    Others 721 44.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1796 43.7
    Not in the labour force 1056 25.7
    Employed, worked part-time 1015 24.7
    Employed, away from work 166 4.0
    Unemployed, looking for work 77 1.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 425 14.3
    Professionals 683 23.0
    Technicians & trades workers 468 15.7
    Clerical & administrative workers 435 14.6
    Sales 314 10.6
    Others 648 21.8
    Occupation
    Census Count Percent(%)
    Pre-school 144 10.7
    Infants/Primary 506 37.6
    Secondary 354 26.3
    Technical or Further Educational Institution 129 9.6
    University or other Tertiary Institutions 162 12.0
    Others 51 3.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4818 92.6
    Semi-detached, row or terrace house, townhouse 197 3.8
    Flat, unit or apartment 128 2.5
    House or flat attached to a shop, office 50 1.0
    Caravan, cabin, houseboat 9 0.2
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 815 45.5
    Fully owned 658 36.8
    Rented 309 17.3
    Other tenure type 8 0.4
    Tenure Type
Census 2011, ABS
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