NARRAWEENA 2099
State: NSWPosiProp AI Investment Summary
NARRAWEENA (NSW 2099) 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 8.7%, with a median house buy price of $2,500,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$2,111,000
$2,012,500
$2,550,000
$2,500,000
Suburb Market Profile
Last month Narraweena had 14 properties available for rent and 10 properties for sale. Median property prices over the last year range from $2,500,000 for houses to $1,017,500 for units. If you are looking for an investment property, consider houses in Narraweena rent out for $1,150 PW with an annual rental yield of 2.9% and units rent for $788 PW with a rental yield of 4.2%. Narraweena has seen an annual compound growth rate of 8.7% for houses and 35.9% for units.
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