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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 10.14% over the past year and changed 7.34% 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 -20.00% compared to last year and the average time to sell a house/townhouse is 220 days.The median listing price for units is $535,000 and this has changed 8.08% over the past year. The average unit takes 228 days to sell and the median rent for a unit in Narooma is $380 per week, producing a rental yield of 3.69%.

Supply & Demand in Narooma, Eurobodalla

0.20%

Current vacancy rate


4

Rental stock available


2,607

Population


20.12%

Rental population


0.71%

Current vacancy rate


185

Rental stock available


37,232

Population


16.61%

Rental population


1.02%

Current vacancy rate


37,155

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 $612,000 $535,000
Median price change - last quarter 0.00% 0.00% 1.30%
Median price change - 1 year 10.14% -4.75% 8.08%
Median price change - 2 years 7.34% 0.49% 8.08%
  House Townhouses Units
Median weekly rent $500 $415 $380
Median yield % 2.73% 3.52% 3.69%
Median rent change - 1 year -5.67% -1.20% 0.00%
  House Units
Previous month sales 1 2
Stock on market previous month 28 10
Stock variance vs. last year -20.00% -37.50%
Average days on market 220 228

Narooma investment property listings

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