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Investment Property Narooma, NSW, 2546

Suburb Snapshot

Narooma is a suburb in the Eurobodalla Region of New South Wales. Narooma has a population of 2,607 people and 20.12% of its occupants live in rental accommodation. The median listing price for houses is $950,000 and this has changed 8.57% over the past year and changed 6.14% over 2 years.

The median rent in Narooma for houses is $500 per week and the median rental yield is 2.73%. Stock on the market for houses/townhouses has changed -23.68% compared to last year and the average time to sell a house/townhouse is 280 days.The median listing price for units is $544,000 and this has changed 9.89% over the past year. The average unit takes 209 days to sell and the median rent for a unit in Narooma is $380 per week, producing a rental yield of 3.63%.

Supply & Demand in Narooma, Eurobodalla

0.35%

Current vacancy rate


7

Rental stock available


2,607

Population


20.12%

Rental population


0.68%

Current vacancy rate


178

Rental stock available


37,232

Population


16.61%

Rental population


1.02%

Current vacancy rate


37,030

Rental stock available


7,480,223

Population


27.79%

Rental population


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Statistical data for Narooma, Eurobodalla

  House Townhouses Units
Median listing price $950,000 $625,000 $544,000
Median price change - last quarter 0.00% 0.00% 1.30%
Median price change - 1 year 8.57% -1.58% 9.89%
Median price change - 2 years 6.14% 4.34% NA
  House Townhouses Units
Median weekly rent $500 $415 $380
Median yield % 2.73% 3.45% 3.63%
Median rent change - 1 year -5.67% -2.36% 0.00%
  House Units
Previous month sales 6 0
Stock on market previous month 29 8
Stock variance vs. last year -23.68% -55.56%
Average days on market 280 209

Narooma investment property listings

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