Investment property in Narooma has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 5.82%
Narooma,2546 was ranked 3394 in Australia by increase in median property value over the quarter.
The most recent median price for Narooma is $418000, with sellers offering an average of -4.52% off the asking price.
Residents and property investors in Narooma have been waiting around 103 days to sell a property.
Narooma has had a very poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of -10.53% to date .
Narooma,2546 was ranked 1440 in Australia by increase in median property value over the quarter.
Narooma2546 is located in NSW which offers an average discount of -4.11% to property investors. Narooma itself is showing figures that indicate -5.59% is the average achievable by property buyers investing in the suburb.
Narooma, 2546’s gross rental yield is 6.12%