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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 Narooma, the median property price for a house is currently 789,000 with annual capital growth of -11.84 . There were 47 house sales in the past 12 months. On average, houses spend 64 days on market.
If you're thinking about buying an investment property in Narooma, consider that rental yields for houses are currently 3.65 with an average median rent of 505 weekly. Houses have seen 2.47 growth in the past quarter, and -11.84 growth in the past 12 months.
The size of Narooma is approximately 120 square kilometres. It has 11 parks covering nearly 69.2% of total area. The population of Narooma in 2011 was 2,416 people. By 2016 the population was 2,611 showing a population growth of 8.1% in the area during that time. The predominant age group in Narooma is 60-69 years.
Households in Narooma are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Narooma work in a trades occupation. In 2011, 68.6% of the homes in Narooma were owner-occupied compared with 69.1% in 2016.
In Narooma, the median property price for a unit is currently 575,000 with annual capital growth of 15.81 . There were 34 unit sales in the past 12 months. On average, units spend 114 days on market.
If you're thinking about buying an investment property in Narooma, consider that rental yields for units are currently 4.72 with an average median rent of 420 weekly. Units have seen 4.55 growth in the past quarter, and 15.81 growth in the past 12 months.
The size of Narooma is approximately 120 square kilometres. It has 11 parks covering nearly 69.2% of total area. The population of Narooma in 2011 was 2,416 people. By 2016 the population was 2,611 showing a population growth of 8.1% in the area during that time. The predominant age group in Narooma is 60-69 years.
Households in Narooma are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Narooma work in a trades occupation. In 2011, 68.6% of the homes in Narooma were owner-occupied compared with 69.1% in 2016.
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| Key Market Data | House | Unit |
| Median price | 789,000 | 575,000 |
| Quarterly growth | +2.47 | +4.55 |
| 12-month growth | -11.84 | +15.81 |
| Average annual growth | +10.47 | +16.32 |
| Weekly median rent | 505 | 420 |
| Gross rental yield | 3.65 | 4.72 |
| Number of Sales (12m) | 47 | 34 |
| Avg. Days on Market (12m) | 64 | 114 |
| Key Demographics | 2011 | 2016 |
| Total population | 2,416 | 2,611 |
| Population change (5y) | -3.28 | +8.10 |
| Median household income (p/w) | 707 | 812 |
| Household income change (5y) | +23.82 | +14.85 |
| Median age of persons | 52 | 57 |
Demographic Trends
Better understand demographic trends by reviewing the latest suburb demographic data below.
The population of Narooma was 2,611 in 2016, a +8.10 change compared to 2011.
The predominant age group in Narooma is 60-69 years.
The population of Narooma was 2,611 in 2016, a +8.10 change compared to 2011.
The predominant age group in Narooma is 50-59 years.
Most of the population in Narooma were born in Australia.
Most of the population in Narooma were born in Australia.
Most of the population in Narooma report their religion as No Religion.
Most of the population in Narooma report their religion as Anglican.
Most of the population in Narooma report their income range as between 15,000 and 33,000 .
The median household income in Narooma was 812 in 2016, a +14.85 change compared to 2011.
Most of the population in Narooma report their income range as between 15,000 and 31,000 .
The median household income in Narooma was 707 in 2011, a +23.82 change compared to 2006.
Most of the population in Narooma work as Trades.
Most of the population in Narooma work as Trades.
The chart below demonstrates the various levels of education in Narooma.
The chart below demonstrates the various levels of education in Narooma.
Most of the population in Narooma reached a qualification level of Certificate.
Most of the population in Narooma 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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