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Narellan Vale, NSW 2567

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Tight Rental MarketStrong Growth

Median House

$1,145,000

market range $1.1M-$1.2M

Median Unit

$895,000

Gross Yield (houses)

3.3%

1yr Growth (houses)

+9.2%

market range +5.0% to +12.5%

Investment snapshot for Narellan Vale

Narellan Vale has enough public data for first-pass screening across yield, vacancy, price and supply signals.

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Narellan Vale market and investor summary

In Narellan Vale, NSW 2567, the median house sells for around $1.1M, on a gross rental yield of 3.3% for houses. House prices have moved +9.2% over the past year and +20.7% over three years. At 1.7% vacancy, it is a tight rental market that favours landlords.

For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 3.3% will not cover holding costs in the early years, so the case leans on price appreciation. Rental demand looks steady, with vacancy at 1.7% and a resident base that is not shrinking.

Living in Narellan Vale: people, income and schools

Narellan Vale is home to around 6,931 people, a number that has held fairly steady over five years. At a median age of 35, it reads as broadly working-age, and 77% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.

The typical household income runs to around $117,000 a year (about $2,250 a week). On socio-economic measures it ranks among the most advantaged in the country (9 out of 10 on the ABS advantage index). At current prices a median house runs to a steep 9.8 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 16% over five years, which tends to underpin what local buyers can pay.

Families have 25 schools within roughly 5km to choose from, testing a little above the national school average on ICSEA. Narellan Vale sits about 48 km from the CBD. Some errands can be done on foot, though a car still helps; the suburb scores 50 for walkability and 10 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Node.

Population
6,931
+4% over 5yr
Median age
35 years
Median household income
$117,000/yr
Households renting
22%
Family households
84%
Socio-economic rank
9/10
ABS advantage index
Schools within 5km
25
avg ICSEA 1022
Unemployment
2.0%
Distance to CBD
48 km
Walk score
50/100

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Narellan Vale

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Frequently asked questions about Narellan Vale

What should I check before investing in Narellan Vale?

Narellan Vale has enough public data for first-pass screening across yield, vacancy, price and supply signals. Capital growth of +9.2% in the past year shows strong recent price momentum. 3-year capital growth of +20.7% shows sustained momentum, not just a single-year spike. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What are typical property prices in Narellan Vale?

The median property price in Narellan Vale, NSW 2567 is $1.1M for houses and $895K for units.

What rental yield does Narellan Vale show?

The gross rental yield in Narellan Vale is 3.3% for houses and 3.8% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.

What does recent house price growth show for Narellan Vale?

House prices in Narellan Vale are up 9.2% over the past year and up 20.7% over three years. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.

How tight is the rental market in Narellan Vale?

The current vacancy rate in Narellan Vale is 1.7%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.

How many people live in Narellan Vale?

Narellan Vale has a population of approximately 6,931 residents, with a median age of 35.

What schools are near Narellan Vale?

There are 25 schools within roughly 5km of Narellan Vale. Their average ICSEA is a little above the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Narellan Vale affordable to buy in?

A median house in Narellan Vale costs about 9.8 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.

Is Narellan Vale's population growing?

The population of Narellan Vale has grown modestly, about 4% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

How far is Narellan Vale from the CBD?

Narellan Vale is about 48 km from the CBD.

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