At number 1730th in the list of Australian suburbs ordered by increase in median house value over the last year, Narara, 2250 is in the top half with a property value increase of 5.29% recorded in median house prices.
When looking at the potential capital gains offered to property investors over the last 3 years, Narara comes in at number 359th in NSW.
At number 759th of NSW’s most discounted properties, Narara is in the TOP 40% of the state/territory when listing in order of most discounted to least.
Narara is 408th on a list of best yielding suburbs for rents in NSW with a 3.82% return
At number 762th in the list of Australian suburbs ordered by increase in median house value over the last year, Narara, 2250 is in the top half with a property value increase of 3.37% recorded in median house prices.
Taking the average capital gain, or increase in median house value, Narara,2250 has racked up an average of 3.37% over the period. This ranks it number 252th in the whole country for real estate investors looking at median house price increases.
Property investors looking for a bargain in Narara should be aiming for at least -3.79% off the asking price, which is the average vendor discount being achieved at the moment.
A $390 per week rent on the median house gives suburb investors a gross yield of circa 4.41%, without taking into account capital value appreciation, which has been averaging out at 6.67%.