Get a property report and suburb profile for any property in Narangba

Narangba is a suburb of families set on gentle hills with pockets of bushland and plenty of parkland, sporting fields and walking tracks. Housing mixes newer residential estates and modern brick homes with older streets and some semi-rural blocks, so households range from young families to longer-term residents. A compact town centre and local shops sit near the railway station, which provides a regular commuter link, and the nearby highway gives straightforward road access.

With a population of 20,910 and a median age of 33, Narangba is predominantly owner-occupied (76.0%) and weighted towards couple families, especially those with children. There are planned and ongoing projects to expand the station park-and-ride, improve station access, and progress local intersection and planning work. That mix of suburban space, outdoor recreation and improving transport connections suits people who want room to grow and direct links to jobs and services on the coast and in the city; whether it fits you depends on what you value in a suburb.

On the figures, buying a house in Narangba sits well above local incomes at the last Census. With a median house price of $1,085,000 and a typical local household earning $2,207 a week at the last Census (about $114,764 a year), the median house works out to roughly 9.5 times a typical local annual household income at the last Census.

Renting looks more moderate by comparison. A house rent of $660 a week is about 29.9% of a typical local household's weekly income at the last Census, while a unit rent of $560 a week is about 25.4%. If you are renting rather than buying, those rent shares are likely the most relevant figures to consider; whether that feels expensive depends on your own income and circumstances.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

House values in Narangba climbed 16.3% over the past 12 months, a strong rise. Over the same period, house rents increased 6.5%, a solid gain.

For someone weighing Narangba up as an investment, these figures show capital growth has been the stronger performer this year: prices rose notably faster than the rents those houses earned. Whether that balance suits your objectives and circumstances is for you to judge.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.