Naremburn is a mid-sized suburb in New South Wales within the Willoughby local government area (postcode 2065). With a population of 5,924, the suburb has 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. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Chinese.
The median house price in Naremburn is $3.3 million, having increased 4.6% over the past year. Units have a median price of $1.3 million (-2.7% YoY). The current median weekly rent is $898. This gives a gross rental yield of approximately 1.4%. 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 2,156 incidents per 100,000 population.
From an investment perspective, Naremburn offers a gross rental yield of 1.4%, rated as low yield. Property prices are above the state median ($3.3M/$1.5M), placing it in the premium segment. The price-to-income ratio of 19.2x is considered stretched. House prices have moved +4.6% year-on-year.
Naremburn is a mid-sized suburb in New South Wales within the Willoughby local government area (postcode 2065). With a population of 5,924, the suburb has 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. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Chinese.
The median house price in Naremburn is $3.3 million, having increased 4.6% over the past year. Units have a median price of $1.3 million (-2.7% YoY). The current median weekly rent is $898. This gives a gross rental yield of approximately 1.4%. 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 2,156 incidents per 100,000 population.
From an investment perspective, Naremburn offers a gross rental yield of 1.4%, rated as low yield. Property prices are above the state median ($3.3M/$1.5M), placing it in the premium segment. The price-to-income ratio of 19.2x is considered stretched. House prices have moved +4.6% year-on-year.