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Narrawa NSW 2583: Property Market Report & Real Estate Insights

Part of Upper Lachlan, NSW

Property Market

Median Weekly Rent $
Median Monthly Mortgage $
Median Persons Per Bedroom
Average Household Size
Average Age
Average Income $
Average Cars Per Dwelling
Average Properties Within 50M

Typical House Prices

Typical Homes & Property Types

Average Internet Speeds in Narrawa

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Narrawa Real Estate Market Outlook

Thinking about buying in Narrawa? Now could not be a better time, with just 115 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,079,000 with prices in this suburb ranging from $352,000 to $7,525,000. The approximate distance to the coast is 140 Km.

Living in Narrawa

In Narrawa 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 Narrawa 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. The slightly lower than average earnings from occupations in Narrawa changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Narrawa to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Narrawa we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Narrawa a better buying opportunity than it may have been in the past.

Instant Property Valuation

Narrawa, a charming locality in the Upper Lachlan Shire of New South Wales, offers a unique and tranquil living experience that appeals to those looking for a serene rural lifestyle. The housing market in Narrawa is characterized by its affordability and the availability of expansive properties, which is a stark contrast to the bustling and often overpriced urban markets. Prospective buyers and investors are drawn to the area thanks to its picturesque landscapes, open spaces, and a strong sense of community. This rural setting is ideal for families, retirees, or anyone seeking a peaceful retreat from the city's hustle and bustle, while still being within reach of essential amenities and larger towns such as Goulburn.

Living in Narrawa allows residents to enjoy the simplicity and beauty of country life. The community is tight-knit, often organizing local events and gatherings that foster strong social ties among residents. The pace of life here is slower and more relaxed, offering an opportunity to genuinely connect with nature. Outdoor enthusiasts will appreciate the opportunities for activities like hiking, gardening, and bird watching. Despite its rural setting, Narrawa maintains a level of convenience with access to necessary services, ensuring a comfortable lifestyle. Overall, Narrawa exemplifies the idyllic rural Australian life, making it a desirable location for those looking to escape urban stress and experience a quieter existence.



Recently Sold Properties

Settlement Date Sale Price Property Address Details
2021-05-07 $275,000 5025 Boorowa Road Narrawa, NSW
2021-02-01 $1,030,400 847 Bevendale Road Narrawa, NSW
2021-01-29 $3,816,040 4706 Boorowa Road Narrawa, NSW
2020-06-18 $520,000 827 Jerrara Road Narrawa, NSW
2020-05-29 $980,000 4849 Boorowa Road Narrawa, NSW
2018-07-05 $650,000 1892 Fish River Road Narrawa, NSW
2017-07-12 $299,000 112 Fish River Road Narrawa, NSW
2017-01-20 $422,000 738 Jerrara Road Narrawa, NSW
2016-03-03 $500,000 1892 Fish River Road Narrawa, NSW
2015-08-04 $385,000 827 Jerrara Road Narrawa, NSW
2014-12-19 $2,603,000 244 Fish River Road Narrawa, NSW
2012-10-02 $620,000 506 Fish River Road Narrawa, NSW
2010-12-15 $375,000 827 Jerrara Road Narrawa, NSW
2009-07-31 $1,600,000 244 Fish River Road Narrawa, NSW

Local Schools

No local schools recorded within the suburb boundary.


Is Narrawa a safe suburb?

Incidents Trend State Average

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Balmain East Weather – Average Local Climate by Month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan1.115.533.623.082.63.627.2
Feb2.715.030.232.086.43.523.1
Mar2.712.326.938.190.93.118.4
Apr1.37.322.342.794.72.614.9
May1.23.017.450.696.62.511.1
Jun2.02.113.961.597.42.59.1
Jul1.90.613.261.398.72.49.4
Aug1.30.514.552.698.12.612.4
Sept1.62.318.344.996.22.917.4
Oct1.45.723.136.794.43.122.3
Nov2.89.627.230.691.73.125.0
Dec2.212.730.424.585.13.427.9

source: Australian Government Bureau of Meteorology


Nearby Suburbs

Lost RiverWheeoBevendaleRugbyBindaTaylors FlatBialaGrabben GullenCrooked CornerCrookwell

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