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

NARRAWONG in VIC currently features property rental yields up to 4.2% with a 12-month capital growth value of Down -27.4%. Under standard conditions, suburbs with yields above 5.0% represent strong positive gearing potential.

What is the median house price in NARRAWONG 3285?

The median house price in NARRAWONG 3285 is approximately $642,500 based on the latest tracked market indices.

Investment Spotlight • Australia

NARRAWONG 3285

State: VIC

Updated: 8 April 2026

PosiProp AI Investment Summary

NARRAWONG (VIC 3285) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 4.2% and has experienced a 12-month capital growth of Down -27.4%, with a median house buy price of $642,500. 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

$675,000

Not available 4.4% Yield

3 house • buy

$720,000

Down -51.2% 4.2% Yield

4 house • buy

–

Not available 3.7% Yield

all house • buy

$642,500

Down -27.4% 4.2% Yield

Suburb Market Profile

Last month Narrawong had 0 properties available for rent and 12 properties for sale. Median sold prices over the last year is $642,500 for houses. If you are looking for an investment property, consider houses in Narrawong rent out for $485 PW with an annual rental yield of 4.2%. Narrawong has seen an annual compound growth rate of -27.4% for houses.

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