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Narellan Suburb Insights
VICLocation Information
Suburb Name
Narellan, VIC
Distance from CBD
20.9 kmDemographics
Population
3,616
Median Income
$35,516
Area Information
Area
4.28 km²
Population Density
845 people/km²
Property Market
Median Price
$527,297
Annual Growth
+12.8%Property Price Trend Analysis
Current Median Price
$527,297
Annual Growth
+12.8%
Quarterly Growth
+4%
Price Trends - Last 6 Months
2024-01
$775,681
+4.2%2024-02
$647,005
+8.5%2024-03
$701,995
+13.6%2024-04
$742,760
+8.4%2024-05
$796,355
+18.7%2024-06
$941,808
+20.6%Property Type Price Analysis
House
Median Price
$1,024,016
Growth Rate
+6.7%Available Listings
103 properties
Apartment
Median Price
$369,227
Growth Rate
+9.3%Available Listings
583 properties
Townhouse
Median Price
$457,242
Growth Rate
+11.1%Available Listings
305 properties
Investment Potential Assessment
Investment Advantages
- Annual growth exceeds 8% - excellent performance
- Strong quarterly growth momentum
- Diverse property types available
Considerations
- Rising prices may affect affordability
- Monitor interest rate changes
- Consider long-term investment strategy