Narraburra NSW

Postcode 2666 · Temora LGA

Narraburra is a quiet locality in New South Wales within the Temora local government area (postcode 2666). With a population of 70, the suburb has a mature demographic with a median age of 47. Households earn a median income of $70K per year, with an average household size of 3 people. The most common occupations are managers, technicians & trades, labourers. The top ancestries reported are Australian, English, Irish.

The median house price in Narraburra is $1.4 million, having surged 13.2% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 1.4%. The median monthly mortgage repayment is $2,084.

Public transport access includes 9 bus stops. The crime rate in the Temora LGA is below average at 2,424 incidents per 100,000 population.

From an investment perspective, Narraburra offers a gross rental yield of 1.4%, rated as low yield. Property prices are near the state median ($1.4M/$1.5M). The price-to-income ratio of 20.7x is considered stretched. House prices have moved +13.2% year-on-year.

INVESTMENT SIGNALS
Rental Yield1.4% Low Yield
Price vs State$1.4M/$1.5M Near Median
Affordability20.7x Stretched
Price Momentum+13.2% Rising
SEIFA INDEX (ABS)
Advantage7/10
Education7/10
Economic7/10
Disadvantage6/10
MEDIAN HOUSE
$1.4M
13.2% YoY
MEDIAN RENT /WK
$93
POPULATION
70
DEMOGRAPHICS
Median Age47
Household Size3
HH Income /wk$1,343
Personal Income /wk$612
Mortgage /mth$2,084
CRIME (Temora LGA)
Crime Rate (per 100k)2,424
Total Incidents146
TRANSPORT
Bus Stops9
Data: 2021