Narrabarba is a quiet locality in New South Wales within the Bega Valley local government area (postcode 2551). With a population of 22, the suburb has a mature demographic with a median age of 47. Households earn a median income of $38K per year, with an average household size of 1.9 people. The most common occupations are managers, technicians & trades, sales. The top ancestries reported are Australian, English.
The median house price in Narrabarba is $480,000, having surged 108.7% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 4.3%. The median monthly mortgage repayment is $915.
Public transport access includes 3 bus stops. The crime rate in the Bega Valley LGA is below average at 2,293 incidents per 100,000 population.
From an investment perspective, Narrabarba offers a gross rental yield of 4.3%, rated as moderate yield. Property prices sit below the state median ($480K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 12.7x is considered stretched. House prices have moved +108.7% year-on-year.
Narrabarba is a quiet locality in New South Wales within the Bega Valley local government area (postcode 2551). With a population of 22, the suburb has a mature demographic with a median age of 47. Households earn a median income of $38K per year, with an average household size of 1.9 people. The most common occupations are managers, technicians & trades, sales. The top ancestries reported are Australian, English.
The median house price in Narrabarba is $480,000, having surged 108.7% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 4.3%. The median monthly mortgage repayment is $915.
Public transport access includes 3 bus stops. The crime rate in the Bega Valley LGA is below average at 2,293 incidents per 100,000 population.
From an investment perspective, Narrabarba offers a gross rental yield of 4.3%, rated as moderate yield. Property prices sit below the state median ($480K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 12.7x is considered stretched. House prices have moved +108.7% year-on-year.