ACT2604· Pop. 13,034Tuggeranong Community Council

NARRABUNDAH

EstablishedSteady performer with reliable demand and moderate capital growth

Investor score

58

Annual growth and vacancy rate are modelled estimates based on long-run state averages. Price and rent use real government data where available. This is not financial advice. See full disclaimer.

Median price

no recent data

Rent yield

3.3%

modelled estimate

Annual growth

2.2%

modelled estimate

Vacancy rate

1.4%

modelled estimate

AI insights for NARRABUNDAH

Investment analysis, risks & comparisons

PREMIUM

NARRABUNDAH shows strong investment fundamentals with above-average rental demand and a tightening supply pipeline. The gentrification index of 67/100 signals continued capital appreciation potential, particularly within 600m of the main retail and transit corridor.

Key risk: elevated auction clearance volatility over the past two quarters suggests shifting buyer sentiment. Net yield after typical holding costs sits at approximately 3.6%, below the state median of 4.1% — factor this into cash-flow modelling.

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Price figures are estimated — suburb-level data not available for this state. Verify with Domain or REA.

Median rent

$500/wk

weekly

Demand change

+1.4%

annual shift

Yield × growth index

2.8

combined signal

Net yield (est.)

1.63%

after mgmt, rates, insurance, maintenance

5-yr growth (CAGR)

+5.1%

est. compound, long-run avg

10-yr growth (CAGR)

+7.4%

est. compound, long-run avg

Rental demand

58 / 100

Strong demand

Supply pipeline

Est.

0.4%

new dwellings approved / stock · Modelled estimate

Low supply pressure

5-year price history

No price history available.

Market overview

NARRABUNDAH is a metropolitan ACT suburb with moderate capital growth momentum and lower rental yield. Strong infrastructure, employment access, and lifestyle amenities support ongoing investment demand.

Highlights

  • Metro ACT suburb with strong infrastructure and transport
  • Rental yield 3.3% with stable tenant demand
  • Very low vacancy rate — high rental demand
  • Access to national transport network and amenities

Risk factors

  • Subject to broader interest rate and economic conditions

Community profile

Source: ABS Census 2021 · ATO 2022–23

Median household income

$2,434/wk

$103k taxable p.a.

Renters

44.5%

52.8% owner-occupier

Median age

37.0 yrs

Unemployment

3.0%

Population growth

+2.3% p.a.

Investor-owned

22.0%

of all dwellings (ATO)

Houses

11%

72% apartments

Degree qualified

61.3%

bachelor's or higher (ABS)

Work from home

40.9%

of employed residents (ABS Census)

Median lot size

150 m²

Apartment/strata

Household size

2.6 persons

avg per dwelling (ABS Census)

Short-term rental

3.1%

Some Airbnb activity

Market activity

Distance to CBD

6.4 km

Middle ring

Days on market

15 days

Fast-moving market

Auction clearance

69.5%

Strong demand

Walkability

44 / 100

Very walkable

Coastal proximity

146.3 km

Inland

NBN technology

FTTC

Good — fibre to curb

Population density

9,366/km²

Very dense urban

Schools in postcode 2604

🏫2 Primary🎓1 Secondary
ACARA 2025

🏫Primary (2)

St Benedict's Primary School

Catholic · Yrs K-6

ICSEA 1061

Narrabundah Early Childhood School

Government · Yrs K-2

ICSEA 990

🎓Secondary (1)

Narrabundah College

Government · Yrs 11-12

ICSEA 1131

ICSEA measures the socio-educational background of each school's student community — not academic results or school quality. National average = 1000. Source: ACARA My School 2025.

Liveability & safety

Safety index

Moderate
61/ 100

11.6 offences / 100 persons

⚠ Modelled estimate · details

School quality

Above average
1061ICSEA · national avg 1000

3 schools in postcode area

Source: ACARA My School 2025

Transit access

Limited
39/ 100
🚆 4 train🚌 48 bus

Source: State GTFS feeds

Gentrification signal

45

/ 100

Moderate momentum

Moderate indicators of demographic change. Young professionals, rising degree rates, and reasonable transit suggest gradual improvement.

Composite: education premium · youth cohort · rental activity · price gap · transit quality

Environmental risk

🌊

Flood risk

none

Source: State GIS flood zone data

🔥

Bushfire risk

low

Source: CFA / RFS / DFES zone data

⛈️

Storm risk

none

Coastal exposure + state climate

Live suburb intelligence

Fetching live data…

Location

Properties in NARRABUNDAH

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