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Narrabeen, NSW 2101

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Narrabeen, NSW 2101 located in Sydney to help you make an informed decision about your property choice in this suburb.





Market Snapshot

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

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Narrabeen, NSW 2101”

  1. The total adult population (15 years or older) of Narrabeen 2101 NSW is 7,263, with a median age of 48. Of those, 40.41% are married, 17.16% are divorced or separated, 30.95% are single and 11.44% are widowed.

    The average household size is 2.0 people per dwelling, and the median household monthly income is estimated to be $10,172. The median monthly mortgage repayment for households in this suburb is $2,600 which is 25.56% of their earnings.

    Source: ABS Census Data (2021)

  2. The suburb of Narrabeen 2101, situated in NSW, is known to be a family-friendly locale equipped with around 4579 households. Moving to the third quarter of 2023, the typical price for houses in this suburb is a considerable $2,896,539, solidifying the area’s upper-middle-class appeal. Maintaining a median weekly rent of $1108, the indicative yield lands slightly beneath the enticing 3% marker, at about 1.99%.

    Narrabeen’s IRSAD score, a robust 1060 out of 1217, aligns well with the socio-economic stature of its residents, indicating their high economic resources and showcasing a community characterised by high income levels and skilled professions. For investors, a noteworthy factor is the renter to owner ratio, which is 38%, lying somewhat precariously towards the higher end of the spectrum. This may pose a challenge due to potential competition among investors, but given the suburb’s overall appeal, may not necessarily overshadow its prospects.

    An eyebrow-raising aspect of the Narrabeen market is its units to houses ratio, sitting at a substantial 84%, suggesting an oversaturation of units relative to houses. This factor could potentially attract property investors seeking to capitalise on the unit market as it implies a likelihood of less competition among landlords.

    The Affordability Index, however, emerges as a reminder of the suburb’s elite status. With the time needed to fully own a typical house standing at 112 years, considerably exceeding the standard 30-year mortgage, this is a clear sign of the high-value property market in Narrabeen.

    In terms of supply, the moderate stock on market Percentage for houses at 0.46% and a low inventory level of nearly just a month and a half (1.41 months), signify an encouragingly low supply. On the other hand, the favourable building approvals Ratio under 1%, suggests limited upcoming competition from new builds.

    Narrabeen’s market does show its slower side, with an average of 118 days on market for houses, indicating a somewhat tempered demand. Yet, the combined vacancy rate for houses and units curtails any major concerns at a generally favourable rate of 1.63%.

    While the suburb’s buy search index for houses trails at 3, marking a limited demand, the index must also be contrasted against other tangible elements of the suburb’s prospects. This is where the complimentary application of the Relative Composite Score (RCS) metric by HtAG Analytics can play a major role in bringing additional analytical clarity, considering its ability to automate the research involved in over 80 different metrics.

    In conclusion, investing in Narrabeen’s property market requires a nuanced understanding of its various metrics. While its yield, units to houses ratio, and affordability could be seen as deterring, the favourable supply metrics, combined vacancy rate and robust IRSAD score present potential in the long term. Always remember to factor in both individual metric values and their trend for a comprehensive market analysis. Despite some metrics landing in unfavourable ranges, if the majority of metrics like IRSAD score, stock on market and inventory level show favourable trends, it can yet turn out as a promising investment arena.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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