Narrabri is a mid-sized suburb in New South Wales within the Narrabri local government area (postcode 2390). With a population of 7,327, the suburb has an established demographic with a median age of 39. Households earn a median income of $83K per year, with an average household size of 2.4 people. The most common occupations are professionals, technicians & trades, machinery operators & drivers. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Narrabri is $445,000, having declined 4.3% over the past year. Units have a median price of $265,000 (-22.1% YoY). The current median weekly rent is $405. This gives a gross rental yield of approximately 4.7%. The median monthly mortgage repayment is $1,448.
Narrabri is served by 4 schools, including 3 primary, 1 secondary. The average ICSEA score is 894, which is well below the national average of 1,000. Public transport access includes 114 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Narrabri LGA is moderate at 5,705 incidents per 100,000 population.
From an investment perspective, Narrabri offers a gross rental yield of 4.7%, rated as moderate yield. Property prices sit below the state median ($445K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 5.4x is considered affordable. House prices have moved -4.3% year-on-year.
Narrabri is a mid-sized suburb in New South Wales within the Narrabri local government area (postcode 2390). With a population of 7,327, the suburb has an established demographic with a median age of 39. Households earn a median income of $83K per year, with an average household size of 2.4 people. The most common occupations are professionals, technicians & trades, machinery operators & drivers. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Narrabri is $445,000, having declined 4.3% over the past year. Units have a median price of $265,000 (-22.1% YoY). The current median weekly rent is $405. This gives a gross rental yield of approximately 4.7%. The median monthly mortgage repayment is $1,448.
Narrabri is served by 4 schools, including 3 primary, 1 secondary. The average ICSEA score is 894, which is well below the national average of 1,000. Public transport access includes 114 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Narrabri LGA is moderate at 5,705 incidents per 100,000 population.
From an investment perspective, Narrabri offers a gross rental yield of 4.7%, rated as moderate yield. Property prices sit below the state median ($445K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 5.4x is considered affordable. House prices have moved -4.3% year-on-year.