Narara is a mid-sized suburb in New South Wales within the Central Coast (NSW) local government area (postcode 2250). With a population of 8,471, the suburb has an established demographic with a median age of 38. Households earn a median income of $99K per year, with an average household size of 2.8 people. The most common occupations are professionals, technicians & trades, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Narara is $1.1 million, having risen modestly 0.9% over the past year. Units have a median price of $722,000 (+2.3% YoY). The current median weekly rent is $650. This gives a gross rental yield of approximately 3.2%. The median monthly mortgage repayment is $1,950.
Narara is served by 3 schools, including 1 secondary, 1 combined, 1 special. The average ICSEA score is 1010, which is around the national average of 1,000. Public transport access includes 1 rail station, 48 bus stops. The crime rate in the Central Coast (NSW) LGA is below average at 3,528 incidents per 100,000 population.
From an investment perspective, Narara offers a gross rental yield of 3.2%, rated as moderate yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 10.8x is considered stretched. House prices have moved +0.9% year-on-year.
Narara is a mid-sized suburb in New South Wales within the Central Coast (NSW) local government area (postcode 2250). With a population of 8,471, the suburb has an established demographic with a median age of 38. Households earn a median income of $99K per year, with an average household size of 2.8 people. The most common occupations are professionals, technicians & trades, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Narara is $1.1 million, having risen modestly 0.9% over the past year. Units have a median price of $722,000 (+2.3% YoY). The current median weekly rent is $650. This gives a gross rental yield of approximately 3.2%. The median monthly mortgage repayment is $1,950.
Narara is served by 3 schools, including 1 secondary, 1 combined, 1 special. The average ICSEA score is 1010, which is around the national average of 1,000. Public transport access includes 1 rail station, 48 bus stops. The crime rate in the Central Coast (NSW) LGA is below average at 3,528 incidents per 100,000 population.
From an investment perspective, Narara offers a gross rental yield of 3.2%, rated as moderate yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 10.8x is considered stretched. House prices have moved +0.9% year-on-year.