Narooma, 2546 ranked 120th in NSW when comparing growth in median property values or capital gain over the last 12 months. Narooma is one of 3163 in our list for NSW
Comparing Narooma,2546 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
LACK OF BUYER INTEREST may well be the reason that Narooma is offering property investors an average of -6.18. This rate of discount on properties puts Suburb at number 443th in terms of most discounted suburbs in NSW
Residents and property investors in Narooma have been waiting around 143.71 days to sell a property.
The NSW suburb of Narooma, 2546 is in the Eurobodalla local government area.
At number 1207th in the list of Australian suburbs ordered by increase in median house value over the last year, Narooma, 2546 is in the BOTTOM 40% with a property value increase of -2.68% recorded in median house prices.
While Narooma,2546 ranked number 415th in NSW for increase in median house value (annualised) increase, it is ranked 479th over the last 5 years.
Narooma, 2546 is offering NSW ‘s 202th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this NSW.
A $550 per week rent on the median house gives suburb investors a gross yield of circa 12.12%, without taking into account capital value appreciation, which has been averaging out at 0.12%.