Narellan Vale is a mid-sized suburb in New South Wales within the Camden local government area (postcode 2567). With a population of 6,931, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $117K per year, with an average household size of 3 people. The most common occupations are clerical & administrative, professionals, technicians & trades. The top ancestries reported are Australian, English, Irish.
The median house price in Narellan Vale is $1.3 million, having surged 17.6% over the past year. Units have a median price of $972,000 (+20.7% YoY). The current median weekly rent is $730. This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $2,167.
Narellan Vale is served by 2 schools, including 2 primary. The average ICSEA score is 1029, which is around the national average of 1,000. Public transport access includes 36 bus stops. The crime rate in the Camden LGA is low at 1,706 incidents per 100,000 population.
From an investment perspective, Narellan Vale offers a gross rental yield of 3.0%, rated as moderate yield. Property prices are near the state median ($1.3M/$1.5M). The price-to-income ratio of 10.7x is considered stretched. House prices have moved +17.6% year-on-year.
Narellan Vale is a mid-sized suburb in New South Wales within the Camden local government area (postcode 2567). With a population of 6,931, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $117K per year, with an average household size of 3 people. The most common occupations are clerical & administrative, professionals, technicians & trades. The top ancestries reported are Australian, English, Irish.
The median house price in Narellan Vale is $1.3 million, having surged 17.6% over the past year. Units have a median price of $972,000 (+20.7% YoY). The current median weekly rent is $730. This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $2,167.
Narellan Vale is served by 2 schools, including 2 primary. The average ICSEA score is 1029, which is around the national average of 1,000. Public transport access includes 36 bus stops. The crime rate in the Camden LGA is low at 1,706 incidents per 100,000 population.
From an investment perspective, Narellan Vale offers a gross rental yield of 3.0%, rated as moderate yield. Property prices are near the state median ($1.3M/$1.5M). The price-to-income ratio of 10.7x is considered stretched. House prices have moved +17.6% year-on-year.