Narrabeen is a mid-sized suburb in New South Wales within the Northern Beaches local government area (postcode 2101). With a population of 8,255, the suburb has a mature demographic with a median age of 48. Households earn a median income of $93K per year, with an average household size of 2 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Narrabeen is $3.5 million, having grown strongly 5.4% over the past year. Units have a median price of $2.0 million (+65.4% YoY). The current median weekly rent is $920. This gives a gross rental yield of approximately 1.4%. The median monthly mortgage repayment is $2,600.
Narrabeen is served by 2 schools, including 2 primary. The average ICSEA score is 1096, which is above the national average of 1,000. Public transport access includes 22 bus stops. The crime rate in the Northern Beaches LGA is low at 1,499 incidents per 100,000 population.
From an investment perspective, Narrabeen offers a gross rental yield of 1.4%, rated as low yield. Property prices are above the state median ($3.5M/$1.5M), placing it in the premium segment. The price-to-income ratio of 37.8x is considered stretched. House prices have moved +5.4% year-on-year.
Narrabeen is a mid-sized suburb in New South Wales within the Northern Beaches local government area (postcode 2101). With a population of 8,255, the suburb has a mature demographic with a median age of 48. Households earn a median income of $93K per year, with an average household size of 2 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Narrabeen is $3.5 million, having grown strongly 5.4% over the past year. Units have a median price of $2.0 million (+65.4% YoY). The current median weekly rent is $920. This gives a gross rental yield of approximately 1.4%. The median monthly mortgage repayment is $2,600.
Narrabeen is served by 2 schools, including 2 primary. The average ICSEA score is 1096, which is above the national average of 1,000. Public transport access includes 22 bus stops. The crime rate in the Northern Beaches LGA is low at 1,499 incidents per 100,000 population.
From an investment perspective, Narrabeen offers a gross rental yield of 1.4%, rated as low yield. Property prices are above the state median ($3.5M/$1.5M), placing it in the premium segment. The price-to-income ratio of 37.8x is considered stretched. House prices have moved +5.4% year-on-year.