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

NERONG in NSW currently features property rental yields up to 5.4% with a 12-month capital growth value of Down -0.5%. Under standard conditions, suburbs with yields above 5.0% represent strong positive gearing potential.

What is the median house price in NERONG 2423?

The median house price in NERONG 2423 is approximately $487,500 based on the latest tracked market indices.

Investment Spotlight • Australia

NERONG 2423

State: NSW

Updated: 6 August 2026

PosiProp AI Investment Summary

NERONG (NSW 2423) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 5.4% and has experienced a 12-month capital growth of Down -0.5%, with a median house buy price of $487,500. This combination provides a high-yield positive cashflow 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

$480,000

Not available 5.3% Yield

3 house • buy

$562,500

Up 5.1% 5.1% Yield

4 house • buy

–

Not available 5.1% Yield

all house • buy

$487,500

Down -0.5% 5.4% Yield

Suburb Market Profile

Last month Nerong had 0 properties available for rent and 2 properties for sale. Median sold prices over the last year is $487,500 for houses. If you are looking for an investment property, consider houses in Nerong rent out for $480 PW with an annual rental yield of 5.4%. Nerong has seen an annual compound growth rate of -0.5% for houses.

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