2. NSW
  3. Narromine

Houses Units

Here you can find what you need to know about Narromine, NSW, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$385K Median Sale Price (National Average $485k) 1348th In NSW
-2.22% Median Sale Price Change (1yr) (National Average 4.30%) 4146th In NSW
$410pw Median Rent (National Average $395) 1153rd In NSW
5.5% Median Gross Yield (National Average 4.24%) 30th In NSW
Properties sold 81
Average discounting -6.70%
Average Days on Market 77
Stock on Market 92 for sale

Investment Strategy Scores

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Narromine, NSW National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Narromine, NSW National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Narromine, NSW National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Property Prices in Narromine


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State Auction Clearance Rates


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Local Schools


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Suburb Information

Narromine, NSW 2821

Part of: Narromine Council No data available

The size of Narromine is approximately 1,920.8 square kilometres. It has 13 parks covering nearly 0.3% of total area. The population of Narromine in 2011 was 4,581 people. By 2016 the population was 4,692 showing a population growth of 2.4% in the area during that time. The predominant age group in Narromine is 0-9 years. Households in Narromine are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Narromine work in a managers occupation. In 2011, 66.4% of the homes in Narromine were owner-occupied compared with 67.8% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Narromine

Demographic data provided
by Australian Bureau of Statistics

Market Trends for Narromine   for Houses in last 12 months


There have been 81 Houses sold in Narromine in the past 12 months with a median sale price of $385K, down 2.2% annually. It takes on average 54 days to sell with vendor discounting of -6.7%.

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Jacka ACT, 2914 Unavailable Unavailable Unavailable Unavailable View Suburb Profile
Sunset Strip VIC, 3922 6.15% $690,000 $450pw 3.4% View Suburb Profile
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Thornlands QLD, 4164 11.31% $945,000 $700pw 3.9% View Suburb Profile

Currency

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