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

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Market Report

Narangba has 429 houses available for sale. The median property price for a house is currently 800,250 with annual capital growth of 10.99 . There were 400 house sales in the past 12 months. On average, houses spend 13 days on market.

If you're thinking about buying an investment property in Narangba, consider that rental yields for houses are currently 4.01 with an average median rent of 600 weekly. Houses have seen 3.93 growth in the past quarter, and 10.99 growth in the past 12 months.

The size of Narangba is approximately 43.3 square kilometres. It has 42 parks covering nearly 5% of total area. The population of Narangba in 2011 was 16,223 people. By 2016 the population was 18,584 showing a population growth of 14.6% in the area during that time. The predominant age group in Narangba is 10-19 years.

Households in Narangba are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Narangba work in a trades occupation. In 2011, 76.9% of the homes in Narangba were owner-occupied compared with 73.9% in 2016.

Narangba has 8 units available for sale. The median property price for a unit is currently 475,500 with annual capital growth of 13.21 . There were 10 unit sales in the past 12 months.

If you're thinking about buying an investment property in Narangba, consider that rental yields for units are currently 5.92 with an average median rent of 520 weekly. Units have seen 8.07 growth in the past quarter, and 13.21 growth in the past 12 months.

The size of Narangba is approximately 43.3 square kilometres. It has 42 parks covering nearly 5% of total area. The population of Narangba in 2011 was 16,223 people. By 2016 the population was 18,584 showing a population growth of 14.6% in the area during that time. The predominant age group in Narangba is 10-19 years.

Households in Narangba are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Narangba work in a trades occupation. In 2011, 76.9% of the homes in Narangba were owner-occupied compared with 73.9% in 2016.

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Key Market Data House Unit
Median price 800,250 475,500
Quarterly growth +3.93 +8.07
12-month growth +10.99 +13.21
Average annual growth +10.53
Weekly median rent 600 520
Gross rental yield 4.01 5.92
Number of Sales (12m) 400 10
Avg. Days on Market (12m) 13
Jump to Market Trends
Key Demographics 2011 2016
Total population 16,223 18,584
Population change (5y) +27.38 +14.60
Median household income (p/w) 1,702 1,875
Household income change (5y) +28.26 +10.16
Median age of persons 31 32
Jump to Demographics Trends
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