Narrawallee is a small community in New South Wales within the Shoalhaven local government area (postcode 2539). With a population of 1,487, the suburb has a mature demographic with a median age of 50. Households earn a median income of $68K per year, with an average household size of 2.3 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Narrawallee is $1.4 million, having surged 10.9% over the past year. Units have a median price of $760,000 (+1.3% YoY). The current median weekly rent is $600. This gives a gross rental yield of approximately 2.2%. The median monthly mortgage repayment is $1,733.
Public transport access includes 16 bus stops. The crime rate in the Shoalhaven LGA is below average at 3,609 incidents per 100,000 population.
From an investment perspective, Narrawallee offers a gross rental yield of 2.2%, rated as low yield. Property prices are near the state median ($1.4M/$1.5M). The price-to-income ratio of 20.6x is considered stretched. House prices have moved +10.9% year-on-year.
Narrawallee is a small community in New South Wales within the Shoalhaven local government area (postcode 2539). With a population of 1,487, the suburb has a mature demographic with a median age of 50. Households earn a median income of $68K per year, with an average household size of 2.3 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Narrawallee is $1.4 million, having surged 10.9% over the past year. Units have a median price of $760,000 (+1.3% YoY). The current median weekly rent is $600. This gives a gross rental yield of approximately 2.2%. The median monthly mortgage repayment is $1,733.
Public transport access includes 16 bus stops. The crime rate in the Shoalhaven LGA is below average at 3,609 incidents per 100,000 population.
From an investment perspective, Narrawallee offers a gross rental yield of 2.2%, rated as low yield. Property prices are near the state median ($1.4M/$1.5M). The price-to-income ratio of 20.6x is considered stretched. House prices have moved +10.9% year-on-year.