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

Narwee is a quiet, primarily residential suburb in Sydney's southern suburbs, centred on a compact village-style shopping strip beside Narwee railway station. The streets are mostly modest post-war cottages and bungalows with pockets of low-rise units and established gardens, which gives the area a settled, domestic character. Everyday conveniences are within easy reach and the rail link provides straightforward connections to surrounding centres without the suburb feeling commercial or crowded.

The community is weighted towards families, with nearly half of households made up of couple families with children and couple families overall accounting for about 80.2% of the family mix. Narwee is home to 5,411 people, the median age is 40 and the median household income is $1,431 a week. Homes are slightly more likely to be owner-occupied than rented, and the railway station has been upgraded to include a wheelchair-accessible lift and a family-accessible toilet. Whether Narwee suits you will depend on whether that settled, family-oriented suburban setting matches what you want.

Buying in Narwee sits well above what a typical local household earned at the last Census. The median house price of $1,638,500 is about 22.0 times a typical local household's annual income at the last Census (median household income $1,431 a week, or $74,412 a year).

Rents take a significant slice of local income: a house rent of $880 a week would use about 61.5% of a typical local household's weekly income at the last Census, while unit rent of $540 a week would use about 37.8%. On these figures, renting a house would take a large share of a typical local household's income and renting a unit would take a sizeable share, while buying sits well above local incomes.

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

Over the past 12 months Narwee's house market moved more strongly than the unit market: median house values climbed 10.4% and house rents rose 10.0%, both strong increases. By comparison, unit values rose 3.4%, a modest increase, while unit rents edged up 1.9%, a slight rise. If you are weighing Narwee as an investment, the figures show that houses delivered the stronger capital growth and rental-income movement this year, whereas the unit side showed only modest price growth and marginal rent growth. Whether that balance suits your goals and circumstances is for you to weigh.

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.