With a capital gain of 2.91% for the last 12 months, Narellan, 2567 has performed for property investments than its average annual 7.95% property growth over the last 5 years.
Taking the average capital gain, or increase in median house value, Narellan,2567 has racked up an average of 2.91% over the period. This ranks it number 962th in the whole country for real estate investors looking at median house price increases.
Property buyers and investors in Narellan 2567 should be seeing an average reduction in asking price of around -5.32% . This means that Narellan is holding prices well when compared to other suburbs in NSW.
With the median price for a house in Narellan being $673000 and the advertised rent reaching $450 the gross rental yield for property investors calculates out to be 3.48%