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Median values are calculated based on data over a 12 month period.

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Market Report

Narara has 128 houses available for sale. The median property price for a house is currently 902,000 with annual capital growth of 8.67 . There were 129 house sales in the past 12 months. On average, houses spend 18 days on market.

If you're thinking about buying an investment property in Narara, consider that rental yields for houses are currently 3.71 with an average median rent of 630 weekly. Houses have seen -0.17 growth in the past quarter, and 8.67 growth in the past 12 months.

The size of Narara is approximately 8.3 square kilometres. It has 27 parks covering nearly 15.1% of total area. The population of Narara in 2011 was 7,766 people. By 2016 the population was 7,925 showing a population growth of 2.0% in the area during that time. The predominant age group in Narara is 50-59 years.

Households in Narara are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Narara work in a professional occupation. In 2011, 79.4% of the homes in Narara were owner-occupied compared with 77.9% in 2016.

Narara has 19 units available for sale. The median property price for a unit is currently 630,000 with annual capital growth of 1.74 . There were 21 unit sales in the past 12 months. On average, units spend 12 days on market.

If you're thinking about buying an investment property in Narara, consider that rental yields for units are currently 4.58 with an average median rent of 545 weekly. Units have seen -0.79 growth in the past quarter, and 1.74 growth in the past 12 months.

The size of Narara is approximately 8.3 square kilometres. It has 27 parks covering nearly 15.1% of total area. The population of Narara in 2011 was 7,766 people. By 2016 the population was 7,925 showing a population growth of 2.0% in the area during that time. The predominant age group in Narara is 50-59 years.

Households in Narara are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Narara work in a professional occupation. In 2011, 79.4% of the homes in Narara were owner-occupied compared with 77.9% in 2016.

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Key Market Data House Unit
Median price 902,000 630,000
Quarterly growth -0.17 -0.79
12-month growth +8.67 +1.74
Average annual growth +8.41 +6.96
Weekly median rent 630 545
Gross rental yield 3.71 4.58
Number of Sales (12m) 129 21
Avg. Days on Market (12m) 18 12
Jump to Market Trends
Key Demographics 2011 2016
Total population 7,766 7,925
Population change (5y) -0.32 +2.00
Median household income (p/w) 1,311 1,534
Household income change (5y) +17.37 +17.01
Median age of persons 36 38
Jump to Demographics Trends
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