Is NARRABUNDAH a good suburb for positive geared property investment in Australia?

NARRABUNDAH in ACT currently features property rental yields up to 2.9% with a 12-month capital growth value of Up 14.6%. Under standard conditions, suburbs with yields above 5.0% represent strong positive gearing potential.

What is the median house price in NARRABUNDAH 2604?

The median house price in NARRABUNDAH 2604 is approximately $1,415,500 based on the latest tracked market indices.

Investment Spotlight • Australia

NARRABUNDAH 2604

State: ACT

Updated: 6 August 2026

PosiProp AI Investment Summary

NARRABUNDAH (ACT 2604) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 2.9% and has experienced a 12-month capital growth of Up 14.6%, with a median house buy price of $1,415,500. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.

Positive Gearing Potential Verified: Suburb rental index metrics qualify Richmond for positive cash flow portfolios. Review the price brackets and explore the live listings below.

Market Yield & Price Indices

2 house • buy

$1,150,000

Up 21.2% 2.9% Yield

3 house • buy

$1,298,500

Up 8.2% 3.0% Yield

4 house • buy

$1,690,000

Up 2.6% 3.1% Yield

all house • buy

$1,415,500

Up 14.6% 2.9% Yield

Suburb Market Profile

Last month Narrabundah had 33 properties available for rent and 37 properties for sale. Median property prices over the last year range from $1,415,500 for houses to $605,000 for units. If you are looking for an investment property, consider houses in Narrabundah rent out for $780 PW with an annual rental yield of 2.9% and units rent for $620 PW with a rental yield of 5.1%. Narrabundah has seen an annual compound growth rate of 14.6% for houses and -1.2% for units.

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