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Suburb Insights ยท NSW 2539

Narrawallee 2539, New South Wales

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Narrawallee is a coastal suburb in New South Wales, Australia, with a population of approximately 1,487, making it a boutique locality. Located approximately 174 km from the Sydney CBD, Narrawallee is a coastal area in New South Wales. The median household income is $68,068 AUD per year (ABS 2021 Census).

Investment Score

38 / 100 Weak

Household earnings in Narrawallee are below the state average, which may affect long-term capital growth. Seaside positioning attracts both owner-occupiers and holiday rental demand.

Location

Map shows Narrawallee, New South Wales, Australia.

Key Indicators

Postcode
2539

Official Australia Post postcode for Narrawallee. A postcode may cover multiple suburbs.

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Population
1,487

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$400/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$68,068/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
174 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb based on ABS 2021 data.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$1,733/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
59% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

Coastal lifestyle is a strong draw for Narrawallee, supporting both long-term rental demand and holiday letting potential. Seaside suburbs in New South Wales consistently attract interstate migration and lifestyle buyers. The median rent of $400/week (ABS 2021) indicates a mid-range rental market. Owner-occupiers face a median mortgage repayment of $1,733/month.

Investment Strategy

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Buy & Hold

Narrawallee offers moderate buy-and-hold potential โ€” look for properties with value-add opportunities.

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Rental Yield

Expect competitive but not exceptional rental returns in Narrawallee's current market.

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Renovation / Flip

The resale market in Narrawallee may not support quick-turnaround renovation projects.

Risk Factors

Run the numbers on a Narrawallee property

Full Property Analysis

30-year projections for Narrawallee

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2026 Outlook

Growth: Low Rental Demand: Moderate Investor Sentiment: Low

Price movement in Narrawallee is expected to be flat to modest in 2026, reflecting broader regional market conditions. The rental market in Narrawallee should see steady occupancy, with moderate upward pressure on rents. Investor sentiment toward Narrawallee is currently lukewarm โ€” value hunters may find opportunity here.

Frequently Asked Questions

Is Narrawallee a good suburb for investment?

Narrawallee is a coastal area in New South Wales with a population of 1,487. The median rent is $400/week and the median household income is $68,068/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Narrawallee?

Key demand drivers in Narrawallee include lifestyle appeal and proximity to the coast. 59% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Narrawallee?

According to the ABS 2021 Census, Narrawallee has a population of approximately 1,487. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Narrawallee from the Sydney CBD?

Narrawallee is approximately 174 km straight-line distance from the Sydney CBD (calculated from ABS 2021 suburb centroid coordinates). As a regional or remote location, travel to the capital is significant โ€” local amenities and employment are important investment considerations.

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