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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 Narara, the median property price for a house is currently 916,000 with annual capital growth of 8.02 . There were 134 house sales in the past 12 months. On average, houses spend 19 days on market.
If you're thinking about buying an investment property in Narara, consider that rental yields for houses are currently 3.68 with an average median rent of 640 weekly. Houses have seen 1.61 growth in the past quarter, and 8.02 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.
In Narara, the median property price for a unit is currently 627,500 with annual capital growth of 1.33 . There were 18 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 4.55 with an average median rent of 530 weekly. Units have seen 0.00 growth in the past quarter, and 1.33 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 | 916,000 | 627,500 |
| Quarterly growth | +1.61 | 0.00 |
| 12-month growth | +8.02 | +1.33 |
| Average annual growth | +9.35 | +6.88 |
| Weekly median rent | 640 | 530 |
| Gross rental yield | 3.68 | 4.55 |
| Number of Sales (12m) | 134 | 18 |
| Avg. Days on Market (12m) | 19 | 12 |
| 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 |
Demographic Trends
Better understand demographic trends by reviewing the latest suburb demographic data below.
The population of Narara was 7,925 in 2016, a +2.00 change compared to 2011.
The predominant age group in Narara is 50-59 years.
The population of Narara was 7,925 in 2016, a +2.00 change compared to 2011.
The predominant age group in Narara is 10-19 years.
Most of the population in Narara were born in Australia.
Most of the population in Narara were born in Australia.
Most of the population in Narara report their religion as No Religion.
Most of the population in Narara report their religion as Anglican.
Most of the population in Narara report their income range as between 78,000 and 130,000 .
The median household income in Narara was 1,534 in 2016, a +17.01 change compared to 2011.
Most of the population in Narara report their income range as between 78,000 and 130,000 .
The median household income in Narara was 1,311 in 2011, a +17.37 change compared to 2006.
Most of the population in Narara work as Professional.
Most of the population in Narara work as Professional.
The chart below demonstrates the various levels of education in Narara.
The chart below demonstrates the various levels of education in Narara.
Most of the population in Narara reached a qualification level of Certificate.
Most of the population in Narara reached a qualification level of Certificate.
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Contains property sales information provided under licence from the Valuer General New South Wales. RP Data Pty Ltd trading as CoreLogic Asia Pacific is authorised as a Property Sales Information provider by the Valuer General New South Wales.
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