Narara is an average performer in NSW when comparing median price capital growth over the last year. Narara gave property investors a good capital gain figure when compared to the rest of the state, with 11.64%.
If we look at median property appreciation over just the last three months, Narara has given property investors a paper return of 0.48%. This puts Suburb as 666 on a list of fastest fasting appreciating suburbs in NSW
Our latest figures would indicate that property sellers in Narara are currently offering property investors an average price cut of -4.69% below the asking price at the moment.
Often selling an investment property can take time, and in Narara the average time real estate has been on the market is 31.02 days.
The NSW suburb of Narara, 2250 is in the Gosford local government area.
With a capital gain of 12.24% for the last 12 months, Narara, 2250 has performed for property investments than its average annual 7.18% property growth over the last 5 years.
The five-year average increase in median property values for Narara,2250 has given property investors a potential capital gain of 77.99% across each of those five years.
Vendor discounting in Narara is giving property investors an average Vendor Discount of around -4.23%. This puts suburb at number 259th in NSW when ranking the most discounted suburbs.
With the median price for a house in Narara being $477000 and the advertised rent reaching $385 the gross rental yield for property investors calculates out to be 4.20%