Narellan is a smaller suburb in New South Wales within the Camden local government area (postcode 2567). With a population of 3,358, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $89K per year, with an average household size of 2.7 people. The most common occupations are technicians & trades, professionals, clerical & administrative. The top ancestries reported are Australian, English, Irish.
The median house price in Narellan is $1.1 million, having grown strongly 5.5% over the past year. Units have a median price of $767,000 (+3.6% YoY). The current median weekly rent is $730. This gives a gross rental yield of approximately 3.6%. The median monthly mortgage repayment is $2,037.
Narellan is served by 3 schools, including 1 primary, 1 secondary, 1 special. The average ICSEA score is 1000, which is around the national average of 1,000. Public transport access includes 1 rail station, 30 bus stops. The crime rate in the Camden LGA is low at 1,706 incidents per 100,000 population.
From an investment perspective, Narellan offers a gross rental yield of 3.6%, rated as moderate yield. Property prices sit below the state median ($1.1M/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 11.8x is considered stretched. House prices have moved +5.5% year-on-year.
Narellan is a smaller suburb in New South Wales within the Camden local government area (postcode 2567). With a population of 3,358, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $89K per year, with an average household size of 2.7 people. The most common occupations are technicians & trades, professionals, clerical & administrative. The top ancestries reported are Australian, English, Irish.
The median house price in Narellan is $1.1 million, having grown strongly 5.5% over the past year. Units have a median price of $767,000 (+3.6% YoY). The current median weekly rent is $730. This gives a gross rental yield of approximately 3.6%. The median monthly mortgage repayment is $2,037.
Narellan is served by 3 schools, including 1 primary, 1 secondary, 1 special. The average ICSEA score is 1000, which is around the national average of 1,000. Public transport access includes 1 rail station, 30 bus stops. The crime rate in the Camden LGA is low at 1,706 incidents per 100,000 population.
From an investment perspective, Narellan offers a gross rental yield of 3.6%, rated as moderate yield. Property prices sit below the state median ($1.1M/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 11.8x is considered stretched. House prices have moved +5.5% year-on-year.