Suburb Profile Report for Narooma NSW (2546)

Narooma House: Median price $472,500, Annual capital growth 3.38%, Number of sales 58, Weekly median advertised rent N/A

Narooma Unit: Median price $256,000, Annual capital growth 1.65%, Number of sales 40, Weekly median advertised rent $380

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales
  • House Report
  • Unit Report

Narooma is in the TOP 20% in NSW when comparing median price capital growth over the last year. Narooma gave property investors a very good capital gain figure when compared to the rest of the state, with 11.50%.

While Narooma,2546 ranked number 1269th in NSW for increase in median house value (annualised) increase, it is ranked 1068th over the last 5 years.

Narooma2546 is located in NSW which offers an average discount of -7.36% to property investors. Narooma itself is showing figures that indicate -7.68% is the average achievable by property buyers investing in the suburb.

At number 4021 in a list of fastest selling suburbs, Narooma is in the bottom 10% of suburbs in Australia with an average of days on market 143.37 for properties listed there.

Advertised rents are around the $370 mark per week – giving a return of 4.05% based on the median price in Suburb

Narooma, 2546 ranked 556th 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

Narooma,2546 has offered an average of -15.30% return per annum in house price rises to property investors over the last three years.

State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.06% offered to property buyers. Sellers in Narooma itself are offering an average vendor discount of -3.53% to real estate investors.

Metrics i HOUSE UNIT
$472,500 $256,000
-3.47% 10.11%
0.59% -0.49%
3.38% 1.65%
N/A $380
58 40
N/A 7.72%
108.42857 69.86957

Source: CoreLogic

Disclaimer: The data presented here is the latest available data at the time of upload each month. Please note that data is routinely updated by our partners, so may change month to month.

DSR Score for property investment : Above average (H), Good (U)
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Demographics
Total population 2416
Median household income ($/weekly) 724
Median age of persons 53
Median housing loan repayment ($/monthly) 1300
Average household size 2
  • Census Count Percent(%)
    35-44 years 252 10.4
    45-54 years 330 13.7
    55-64 years 489 20.2
    65-74 years 346 14.3
    75-84 years 237 9.8
    Others 763 31.6
    Age Group
    Census Count Percent(%)
    Registered Married 936 51.2
    Not Married 727 39.8
    Defacto Relationship 165 9.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 1910 84.7
    New Zealand 19 0.8
    Papua New Guinea 34 1.5
    United Kingdom 162 7.2
    Other 44 2.0
    Others 85 3.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 27 1.3
    Christianity 1522 70.9
    Islam 11 0.5
    Other Religious Groups 13 0.6
    No Religion 570 26.6
    Others 3 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 140 14.4
    $400-$599 182 18.8
    $600-$799 110 11.4
    $800-$999 125 12.9
    $1,000-$1,249 90 9.3
    Others 322 33.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1064 54.5
    Employed, worked full-time 441 22.6
    Employed, worked part-time 342 17.5
    Employed, away from work 54 2.8
    Unemployed, looking for work 52 2.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 126 15.0
    Professionals 119 14.1
    Technicians & trades workers 135 16.1
    Community & personal service workers 114 13.6
    Labourers 112 13.3
    Others 235 27.9
    Occupation
    Census Count Percent(%)
    Pre-school 43 10.6
    Infants/Primary 135 33.2
    Secondary 115 28.3
    Technical or Further Educational Institution 63 15.5
    University or other Tertiary Institutions 34 8.4
    Others 17 4.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1692 77.3
    Flat, unit or apartment 222 10.1
    Semi-detached, row or terrace house, townhouse 187 8.5
    Caravan, cabin, houseboat 80 3.7
    House or flat attached to a shop, office 7 0.3
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 512 49.4
    Rented 294 28.4
    Being purchased 224 21.6
    Other tenure type 6 0.6
    Tenure Type
Census 2011, ABS
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