Suburb Profile

Suburb profile for,

Narrabundah, ACT 2604

About Narrabundah

Narrabundah (2604) is a suburb in Australian Capital Territory that continues to attract attention from both homeowners and investors.

Demographics and Community

Narrabundah has a population of approximately 5,933, a median age of 41, a median weekly household income of $2,012.

Property Market Overview

The current median house price in Narrabundah is $1,215,000. Average annual growth is -10.0%.

Properties in Narrabundah spend an average of 86 days on market.

Rental Market

The median weekly rent for houses in Narrabundah is $590. Gross rental yield is 2.80%.

Nearby Suburbs

Explore other suburb profiles in the area: Chifley, ACT, Dickson, ACT, Downer, ACT, Lyneham, ACT, Lyons, ACT.

Considering Narrabundah for Investment?

Handle Properties is a Sydney-based buyer's agency helping investors build portfolios of high-growth investment properties across Australia. If you are considering Narrabundah or need help identifying the right suburb for your strategy, get in touch with our team.

SUBURB DATA

Quantitative data for,

Narrabundah, ACT 2604

The quantitative data below has been compiled on 30th May 2023 from a range of third party sources using a variety of manual methods. Handle does not guarantee the accuracy of this data shown below.

State
ACT
Suburb
NARRABUNDAH
Postcode
2604
Median price for all dwellings
$1,215,000
Last 12 months growth return
Down -10.0%
Avg. dwellings for sale in the suburb every month
29
Avg. dwellings sold in the suburb in previous 12 months
82
Avg days on market for a dwelling listing to sell
86 days
Avg. number of people searching in this suburb every month
552
Avg. rental yield per annum
2.80%
Weekly median rent for all dwellings
$590 per week
Median price for all houses
$1,215,000
Avg. rental yield growth in the previous 12 months
2.80%
Avg. days for a rental listing to find a tennant
21 days
Total suburb population in 2016
5933
Total suburb population change in 5 years up to 2016
4.70%
Avg. household income per week
$2,012
Median age of the population in the suburb
41
Historic avg annual growth return per annum in the suburb
7.67%