Suburb Profile Report for Narara NSW (2250)

Narara House: Median price $605,000, Annual capital growth 6.91%, Number of sales 148, Weekly median advertised rent $450

Narara Unit: Median price $450,000, Annual capital growth 7.54%, Number of sales 26, Weekly median advertised rent $385

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales
TOP 100 suburbs

Source: CoreLogic

  • House Report
  • Unit Report

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

Metrics i HOUSE UNIT
$605,000 $450,000
1.68% 1.12%
11.01% 5.88%
6.91% 7.54%
$450 $385
148 26
3.87% 4.45%
26.37 18.69

Source: CoreLogic

DSR Score for property investment : Very good (U), Very good (H)
Find a mortgage broker in Narara NSW
Demographics
Total population 7766
Median household income ($/weekly) 1294
Median age of persons 37
Median housing loan repayment ($/monthly) 1794
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 1045 13.5
    25-34 years 914 11.8
    35-44 years 1071 13.8
    45-54 years 1200 15.5
    55-64 years 1002 12.9
    Others 2534 32.6
    Age Group
    Census Count Percent(%)
    Registered Married 2901 50.2
    Not Married 2377 41.1
    Defacto Relationship 505 8.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 6258 83.8
    Papua New Guinea 144 1.9
    Philippines 47 0.6
    United Kingdom 477 6.4
    Other 145 1.9
    Others 394 5.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 64 0.9
    Christianity 5440 75.8
    Islam 25 0.3
    Other Religious Groups 41 0.6
    No Religion 1589 22.1
    Others 18 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 241 10.1
    $800-$999 223 9.3
    $1,000-$1,249 243 10.1
    $1,500-$1,999 370 15.4
    $2,000-$2,499 246 10.3
    Others 1072 44.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2274 38.3
    Not in the labour force 1848 31.1
    Employed, worked part-time 1304 22.0
    Employed, away from work 265 4.5
    Unemployed, looking for work 244 4.1
    Person Characteristics
  • Census Count Percent(%)
    Professionals 748 19.5
    Technicians & trades workers 582 15.2
    Community & personal service workers 429 11.2
    Clerical & administrative workers 616 16.0
    Sales 442 11.5
    Others 1024 26.7
    Occupation
    Census Count Percent(%)
    Pre-school 164 8.1
    Infants/Primary 661 32.7
    Secondary 643 31.8
    Technical or Further Educational Institution 201 9.9
    University or other Tertiary Institutions 311 15.4
    Others 42 2.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6759 90.6
    Semi-detached, row or terrace house, townhouse 633 8.5
    Flat, unit or apartment 60 0.8
    House or flat attached to a shop, office 10 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1302 49.3
    Fully owned 838 31.7
    Rented 498 18.8
    Other tenure type 4 0.2
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals