Thinking about buying in Narooma? Now could not be a better time, with 2986 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $699,000 with prices in this suburb ranging from $52,000 to $4,464,000. Narooma is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices
Median Weekly Rent | $260.00 |
Median Monthly Mortgage | $1342.33 |
Median Persons Per Bedroom | 0.73 |
Average Household Size | 2.00 |
Average Age | 59.83 |
Average Income | $555.00 |
Average Cars Per Dwelling | 1.57 |
Average Properties Within 50M | 17 |
1 Bed  $587,000 |
2 Bed  $551,000 |
3 Bed  $886,000 |
4 Bed  $1,087,000 |
5 Bed  $1,443,000 |
6 Bed+$1,265,000 |
In Narooma there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Narooma is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. Low average earnings from people in Narooma leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Narooma the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
UNIT 73, 7323 PRINCES HWY, NAROOMA, NSW, 2546 | EOI - Expressions Of Interest | ||||
UNIT 1, 28 MARINE DR, NAROOMA, NSW, 2546 | 3 | 2 | 1 | $749,000 | |
UNIT 1, 9 HARPER CR, NAROOMA, NSW, 2546 | 9 | 4 | 2 | $1,298,000 | |
UNIT 1, 122 WAGONGA ST, NAROOMA, NSW, 2546 | 4 | 3 | 4 | $2,150,000 | |
UNIT 2, FEDERATION COURT, 169 PRINCES HWY, NAROOMA, NSW, 2546 | 2 | 1 | 1 | $535,000 |
Narooma High School
Narooma Public School
(While the above schools are located with the suburb of Narooma there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 1.3 | 14.1 | 30.7 | 28.7 | 87.9 | 3.6 | 25.2 |
Feb | 2.4 | 13.4 | 27.9 | 36.3 | 91.4 | 3.6 | 21.2 |
Mar | 3.2 | 11.3 | 24.4 | 42.8 | 94.5 | 3.3 | 17.0 |
Apr | 1.3 | 7.4 | 21.3 | 42.8 | 94.9 | 2.7 | 13.9 |
May | 1.1 | 2.4 | 16.4 | 47.7 | 96.9 | 2.5 | 11.0 |
Jun | 1.8 | 1.4 | 13.3 | 55.8 | 97.4 | 2.8 | 8.9 |
Jul | 1.1 | 0.6 | 12.7 | 54.4 | 95.9 | 3.8 | 9.5 |
Aug | 1.4 | 0.6 | 14.0 | 45.3 | 94.7 | 3.6 | 12.6 |
Sept | 1.8 | 3.1 | 17.8 | 41.0 | 93.8 | 3.6 | 17.0 |
Oct | 1.8 | 6.2 | 21.4 | 36.9 | 93.0 | 3.5 | 20.7 |
Nov | 2.1 | 9.5 | 25.4 | 30.9 | 89.1 | 4.3 | 25.0 |
Dec | 1.9 | 12.4 | 28.6 | 27.9 | 87.8 | 3.6 | 26.6 |
source: Australian Government Bureau of Meteorology
07-11-2024 | $2,100,000 | 104 WAGONGA ST |
31-10-2024 | $325,000 | 52 BALLINGALLA ST |
30-10-2024 | $1,320,000 | 5 / 89 CAMPBELL ST |
25-10-2024 | $400,000 | 18 GINA CT |
24-10-2024 | $565,000 | 45 / 11 PAYNE ST |
14-10-2024 | $830,000 | 16 COLLINS CRES |
08-10-2024 | $655,000 | 6 BRICE ST |
04-10-2024 | $515,000 | 1 / 145 WAGONGA ST |
27-09-2024 | $850,000 | 21 THE LOOP |
23-09-2024 | $715,000 | 1 DOROTHY DR |
20-09-2024 | $685,000 | 26 LOADER PDE |
17-09-2024 | $1,175,000 | 4 FORSTERS BAY RD |
05-09-2024 | $422,500 | 2 / 3 ANGLE PL |
04-09-2024 | $610,000 | 71 / 11 PAYNE ST |
03-09-2024 | $650,000 | 5 / 53 FORSTERS BAY RD |
30-08-2024 | $640,000 | 55 / 11 PAYNE ST |
30-08-2024 | $970,000 | 12 OLD HWY |
27-08-2024 | $680,000 | 6 DOROTHY DR |
20-08-2024 | $810,000 | 32 BALLINGALLA ST |
19-08-2024 | $585,000 | 35 / 11 PAYNE ST |
16-08-2024 | $795,000 | 7 THE LOOP |
09-08-2024 | $825,000 | 105 OLD HWY |
02-08-2024 | $550,000 | 8 / 145 WAGONGA ST |
02-08-2024 | $265,000 | 37 / 147 PRINCES HWY |
26-07-2024 | $1,395,000 | 50 RAINFOREST PKWY |
26-07-2024 | $760,000 | 12 / 4 PRINCES HWY |
17-07-2024 | $699,110 | 8 LOADER PDE |
12-07-2024 | $1,515,000 | 84 RAINFOREST PKWY |
01-07-2024 | $1,000,000 | 13 CLARKE ST |
28-06-2024 | $280,000 | 29 / 147 PRINCES HWY |
21-06-2024 | $506,250 | 14 BURRAWANG ST |
21-06-2024 | $670,000 | 11 DOROTHY DR |
21-06-2024 | $330,000 | 18 / 147 PRINCES HWY |
20-06-2024 | $665,000 | 87 / 11 PAYNE ST |
18-06-2024 | $770,000 | 18 DOROTHY DR |
13-06-2024 | $968,000 | 3 MURPHY PL |
11-06-2024 | $550,000 | 20 / 89 CAMPBELL ST |
07-06-2024 | $799,000 | 2 MITCHELL PL |
07-06-2024 | $700,000 | 6 MARINE DR |
07-06-2024 | $280,000 | 34 / 147 PRINCES HWY |
06-06-2024 | $590,000 | 44 / 11 PAYNE ST |
05-06-2024 | $428,000 | 1 / 5 ANGLE ST |
31-05-2024 | $1,317,546 | 8 MURPHY PL |
20-05-2024 | $242,000 | 2 NOOROOMA CRES |
20-05-2024 | $1,000,000 | 26 GLASSHOUSE ROCKS RD |
17-05-2024 | $72,600 | 7 / 4 NOOROOMA CRES |
09-05-2024 | $735,000 | 3 / 2 BURRAWANG ST |
08-05-2024 | $585,000 | 6 PAYNE ST |
02-05-2024 | $1,230,000 | 17 GEM CRES |
01-05-2024 | $675,000 | 59 / 11 PAYNE ST |
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