At number 1503th in the list of Australian suburbs ordered by increase in median house value over the last year, Narara, 2250 is in the top 40% with a property value increase of 11.01% recorded in median house prices.
While Narara,2250 ranked number 763th in NSW for increase in median house value (annualised) increase, it is ranked 449th over the last 5 years.
Sellers are offering property buyers an average discount of -3.66% to buyers in Narara at the moment, which is less than average for the rest of NSW.
Residents and property investors in Narara have been waiting around 26.37 days to sell a property.
Narara is 426th on a list of best yielding suburbs for rents in NSW with a 3.87% return
Narara is an average performer in NSW when comparing median price capital growth over the last year. Narara gave property investors a average capital gain figure when compared to the rest of the state, with 5.88%.
If we look at median property appreciation over just the last three months, Narara has given property investors a paper return of 1.12%. This puts Suburb as 265 on a list of fastest fasting appreciating suburbs in NSW
LACK OF BUYER INTEREST may well be the reason that Narara is offering property investors an average of -4.11. This rate of discount on properties puts Suburb at number 112th in terms of most discounted suburbs in NSW