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Investment Property Narwee, NSW, 2209

Suburb Snapshot

Narwee is a suburb in the Canterbury-Bankstown Region of New South Wales. Narwee has a population of 5,621 people and 37.35% of its occupants live in rental accommodation. The median listing price for houses is $1,410,000 and this has changed 2.54% over the past year and changed 11.19% over 2 years.

The median rent in Narwee for houses is $790 per week and the median rental yield is 2.91%. Stock on the market for houses/townhouses has changed -38.46% compared to last year and the average time to sell a house/townhouse is 47 days.The median listing price for units is $500,000 and this has changed 0.60% over the past year. The average unit takes 76 days to sell and the median rent for a unit in Narwee is $515 per week, producing a rental yield of 5.35%.

Supply & Demand in Narwee, Canterbury-Bankstown

0.98%

Current vacancy rate


23

Rental stock available


5,621

Population


37.35%

Rental population


1.10%

Current vacancy rate


1,625

Rental stock available


346,298

Population


32.78%

Rental population


1.02%

Current vacancy rate


37,030

Rental stock available


7,480,223

Population


27.79%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Narwee, Canterbury-Bankstown

  House Townhouses Units
Median listing price $1,410,000 $997,000 $500,000
Median price change - last quarter -0.32% 0.20% 3.09%
Median price change - 1 year 2.54% NA 0.60%
Median price change - 2 years 11.19% NA 0.00%
  House Townhouses Units
Median weekly rent $790 $850 $515
Median yield % 2.91% 4.43% 5.35%
Median rent change - 1 year 8.96% 18.05% 5.10%
  House Units
Previous month sales 1 2
Stock on market previous month 8 2
Stock variance vs. last year -38.46% -50.00%
Average days on market 47 76

Narwee investment property listings

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