Narrandera is in the bottom 20% in NSW when comparing median price capital growth over the last year. Narrandera gave property investors a dismal capital gain figure when compared to the rest of the state, with -8.97%.
The five-year average increase in median property values for Narrandera,2700 has given property investors a potential capital gain of 10.94% across each of those five years.
The most recent median price for Narrandera is $177500, with sellers offering an average of -7.48% off the asking price.
In the last year 87 properties changed hands in Narrandera, which puts it as the 286th most active market in NSW when comparing the number of sales per suburb.
Using the current median advertised rental of $240 and the average annual increase in value of a median property of 1.66%, investors should hope to achieve an overall return of 7.03%