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Median values are calculated based on data over a 12 month period.
Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government. About this data
Median values are calculated based on data over a 12 month period.
Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government. About this data
Market Report
In Narrabundah, the median property price for a house is currently 1,260,000 with annual capital growth of -0.59 . There were 66 house sales in the past 12 months. On average, houses spend 63 days on market.
If you're thinking about buying an investment property in Narrabundah, consider that rental yields for houses are currently 3.01 with an average median rent of 670 weekly. Houses have seen -1.18 growth in the past quarter, and -0.59 growth in the past 12 months.
The size of Narrabundah is approximately 4.1 square kilometres. It has 14 parks covering nearly 25.7% of total area. The population of Narrabundah in 2011 was 5,669 people. By 2016 the population was 5,933 showing a population growth of 4.7% in the area during that time. The predominant age group in Narrabundah is 50-59 years.
Households in Narrabundah are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Narrabundah work in a professional occupation. In 2011, 54.2% of the homes in Narrabundah were owner-occupied compared with 54.9% in 2016.
In Narrabundah, the median property price for a unit is currently 640,000 with annual capital growth of -10.80 . There were 59 unit sales in the past 12 months. On average, units spend 63 days on market.
If you're thinking about buying an investment property in Narrabundah, consider that rental yields for units are currently 4.90 with an average median rent of 600 weekly. Units have seen 2.40 growth in the past quarter, and -10.80 growth in the past 12 months.
The size of Narrabundah is approximately 4.1 square kilometres. It has 14 parks covering nearly 25.7% of total area. The population of Narrabundah in 2011 was 5,669 people. By 2016 the population was 5,933 showing a population growth of 4.7% in the area during that time. The predominant age group in Narrabundah is 50-59 years.
Households in Narrabundah are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Narrabundah work in a professional occupation. In 2011, 54.2% of the homes in Narrabundah were owner-occupied compared with 54.9% in 2016.
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| Key Market Data | House | Unit |
| Median price | 1,260,000 | 640,000 |
| Quarterly growth | -1.18 | +2.40 |
| 12-month growth | -0.59 | -10.80 |
| Average annual growth | +6.72 | +8.22 |
| Weekly median rent | 670 | 600 |
| Gross rental yield | 3.01 | 4.90 |
| Number of Sales (12m) | 66 | 59 |
| Avg. Days on Market (12m) | 63 | 63 |
| Key Demographics | 2011 | 2016 |
| Total population | 5,669 | 5,933 |
| Population change (5y) | +2.59 | +4.70 |
| Median household income (p/w) | 1,871 | 2,012 |
| Household income change (5y) | +37.07 | +7.54 |
| Median age of persons | 38 | 41 |
Demographic Trends
Better understand demographic trends by reviewing the latest suburb demographic data below.
The population of Narrabundah was 5,933 in 2016, a +4.70 change compared to 2011.
The predominant age group in Narrabundah is 50-59 years.
The population of Narrabundah was 5,933 in 2016, a +4.70 change compared to 2011.
The predominant age group in Narrabundah is 40-49 years.
Most of the population in Narrabundah were born in Australia.
Most of the population in Narrabundah were born in Australia.
Most of the population in Narrabundah report their religion as No Religion.
Most of the population in Narrabundah report their religion as No Religion.
Most of the population in Narrabundah report their income range as 182,000 .
The median household income in Narrabundah was 2,012 in 2016, a +7.54 change compared to 2011.
Most of the population in Narrabundah report their income range as between 130,000 and 182,000 .
The median household income in Narrabundah was 1,871 in 2011, a +37.07 change compared to 2006.
Most of the population in Narrabundah work as Professional.
Most of the population in Narrabundah work as Professional.
The chart below demonstrates the various levels of education in Narrabundah.
The chart below demonstrates the various levels of education in Narrabundah.
Most of the population in Narrabundah reached a qualification level of Bachelor.
Most of the population in Narrabundah reached a qualification level of Bachelor.
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