Narrandera Shire, NSW

Narrandera Shire is a local government area in south-western New South Wales, located in the Riverina region. The LGA’s property market is considered to be stable with a good selection of properties available in sub 300K price ranges. Rental prices are also stable, with decent demand for rental properties.

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The Narrandera Shire’s economy is based on agriculture, with cotton, rice, and wool being the main crops. There is also some light industry, with a cannery and a meatworks in the town of Narrandera.

Managers account for 21.5 % of employment in Narrandera, followed by labourers at 16.9 %, technicians and trades workers at 12.4 %, professionals at 11.9 %, and clerical and administrative workers at 10.4 %. In Narrandera, the typical weekly personal income for persons aged 15 years and above is $575.

In Narrandera, 93.8 % of occupied private residences are detached houses, 1.8 % are semi-detached, row or terrace houses, townhouses, or similar structures, 3.2 % are flats or apartments, and 0.6 % are other housing.

There are a few things to consider when investing in property in Narrandera Shire, NSW. One of the most important is to research the market and understand what type of property is in demand and what is likely to appreciate in value. It is also important to be aware of the potential risks involved in any investment, and to have a realistic idea of how much profit you hope to make.

Use the interactive dashboard below to assess the local real estate market for investment potential.

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Capital Growth Heatmap

Property Market Snapshot

This page provides an overview of the LGA real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this council area. You are able to drill down to suburb-level data and charts which visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy

2BR

3BR

4BR

5BR

Typical Price for houses in this council area. Percent changes indicate Year on Year growth or decline in house values. Council area house prices are calculated by averaging Typical Price of all suburbs within the area. Typical Price is a more accurate metric than Median Price.

Rent

2BR

3BR

4BR

5BR

Median Weekly Rent for houses in this council area. Percent changes indicate Year on Year growth or decline in rental prices. Calculated via median value formula applied to rental prices from online listings.

Yield

2BR

3BR

4BR

5BR

Yearly Gross Yield for houses in this council area. Calculated by multiplying the Median Rent by 52 and dividing the resulting value by Typical Price. Percent changes indicate Year on Year growth or decline in Gross Yield for houses.

Buy

1BR

2BR

3BR

Typical Price for units in this council area. Percent changes indicate Year on Year growth or decline in unit values. Council area house prices are calculated by averaging Typical Price of all suburbs within the area. Typical Price is a more accurate metric than Median Price.

Rent

1BR

2BR

3BR

Median Weekly Rent for units in this council area. Percent changes indicate Year on Year growth or decline in rental prices. Calculated via median value formula applied to rental prices from online listings.

Yield

1BR

2BR

3BR

Yearly Gross Yield for units in this council area. Calculated by multiplying the Median Rent by 52 and dividing the resulting value by Typical Price. Percent changes indicate Year on Year growth or decline in Gross Yield for units.

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Upgrade to Personal Plan to see Yield data.
Yield chart
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Demand chart
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Index chart

How to use this Dashboard

This interactive dashboard illustrates the trends for key real estate metrics in the area. Use these metrics to determine potential return on investment from this property market and its’ sub-markets.

Upgrade to Personal Plan to unlock the trend forecast section on the Price, Rent & Yield graphs.

Get the Professional Subscription to see trends for advanced property market metrics that indicate real estate demand and supply in this LGA.

Upgrade to Professional Plan to see Growth Rate Cycle data.
GRC chart

Property Market in Narrandera Shire Council, NSW

What other property markets are there near Narrandera Shire Council, NSW?

Narrandera Shire Council is surrounded by 7 other council areas – Griffith, Coolamon, Murrumbidgee, Leeton, Wagga Wagga, Bland, Federation.

Suburbs/localities in this Local Government Area: Corbie Hill 2705, Corobimilla 2700, Euroley 2700, Gillenbah 2700, Grong Grong 2652, Landervale 2652, Narrandera 2700, Sandigo 2700, Brobenah 2705, Colinroobie 2700

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