Naremburn is a moderately sized suburb in New South Wales within the Willoughby local government area (postcode 2065). The area has roughly 5,924 residents and an established demographic, with a median age of 39. Households earn a median income of $170K per year, with an average household size of 2.4 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.0% year-on-year at the LGA level. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, managers, clerical & administrative. Employment in the area leans toward professional services and finance & insurance. The top ancestries reported are English, Australian, Chinese.
Median house prices in Naremburn stand at $4.1 million, having climbed sharply by 30.6% over the last twelve months. Units have a median price of $1.2 million (-6.2% YoY). The current median weekly rent is $900. This gives a gross rental yield of approximately 1.1%. The median monthly mortgage repayment is $3,500.
Naremburn is served by 1 school, including 1 special. The average ICSEA score is 1075, which is above the national average of 1,000. Public transport access includes 7 bus stops. The crime rate in the Willoughby LGA is below average at 2,205 incidents per 100,000 population.
From an investment perspective, Naremburn shows a gross rental yield of approximately 1.1%, rated as low yield. Property prices are above the state median ($4.1M/$1.5M), placing it in the premium segment. The price-to-income ratio of 24.0x is considered stretched. House prices have moved +30.6% year-on-year. Population growth of +1.0% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.