Nar Nar Goon North is a small community in Victoria within the Cardinia local government area (postcode 3812). With a population of 819, the suburb has an established demographic with a median age of 44. Households earn a median income of $110K per year, with an average household size of 2.9 people. The most common occupations are technicians & trades, managers, professionals. The top ancestries reported are Australian, English, Irish.
The median house price in Nar Nar Goon North is $324,000, having remained flat 0% over the past year. The current median weekly rent is $520. This gives a gross rental yield of approximately 8.3%. The median monthly mortgage repayment is $2,159.
The crime rate in the Cardinia LGA is moderate at 7,195 incidents per 100,000 population.
From an investment perspective, Nar Nar Goon North offers a gross rental yield of 8.3%, rated as high yield. Property prices sit below the state median ($324K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 2.9x is considered affordable. House prices have moved +0.0% year-on-year.
Nar Nar Goon North is a small community in Victoria within the Cardinia local government area (postcode 3812). With a population of 819, the suburb has an established demographic with a median age of 44. Households earn a median income of $110K per year, with an average household size of 2.9 people. The most common occupations are technicians & trades, managers, professionals. The top ancestries reported are Australian, English, Irish.
The median house price in Nar Nar Goon North is $324,000, having remained flat 0% over the past year. The current median weekly rent is $520. This gives a gross rental yield of approximately 8.3%. The median monthly mortgage repayment is $2,159.
The crime rate in the Cardinia LGA is moderate at 7,195 incidents per 100,000 population.
From an investment perspective, Nar Nar Goon North offers a gross rental yield of 8.3%, rated as high yield. Property prices sit below the state median ($324K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 2.9x is considered affordable. House prices have moved +0.0% year-on-year.