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North Narrabeen Suburb Insights
VICLocation Information
Suburb Name
North Narrabeen, VIC
Distance from CBD
4 kmDemographics
Population
5,852
Median Income
$43,836
Area Information
Area
2.54 km²
Population Density
2304 people/km²
Property Market
Median Price
$786,682
Annual Growth
+19.4%Property Price Trend Analysis
Current Median Price
$786,682
Annual Growth
+19.4%
Quarterly Growth
+4.1%
Price Trends - Last 6 Months
2024-01
$515,315
+10.4%2024-02
$379,202
+10.4%2024-03
$682,615
+7.9%2024-04
$929,102
+7.8%2024-05
$434,706
+13.6%2024-06
$582,537
+20%Property Type Price Analysis
House
Median Price
$1,450,099
Growth Rate
+12.6%Available Listings
111 properties
Apartment
Median Price
$479,278
Growth Rate
+14%Available Listings
259 properties
Townhouse
Median Price
$925,499
Growth Rate
+8.4%Available Listings
137 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