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Narrandera suburb profile

Narrandera is a charming rural town located in the Riverina region of New South Wales, known for its rich history and natural beauty. Situated along the banks of the Murrumbidgee River, it offers a tranquil lifestyle with a strong sense of community. Narrandera is famous for its heritage-listed buildings, tree-lined streets, and the iconic Narrandera Park, which features a picturesque lake and gardens. The town serves as a gateway to the Murrumbidgee Irrigation Area, providing opportunities for agriculture and outdoor activities. With its welcoming atmosphere and blend of historical and natural attractions, Narrandera is a delightful destination for residents and visitors alike.

Narrandera property market performance

Narrandera’s property market has exhibited significant growth over the past 12 months, with house values rising by 25.8%, bringing the median house price to $450,000. However, the unit market remains inactive with no sales or price changes reported.

In the past three months, 31 houses have been sold, although they have taken a median of 68 days to sell, indicating a moderate demand. The absence of transactions in the unit market persists, with no sales recorded.

The rental market reflects strong growth for houses, with average rents increasing by 10.5% over the last year, reaching $420. The unit rental market remains unchanged with no movement in price.

HousesUnits
Median price
Past 3 months
$429KN/A
Change in value
Past 12 months
28.9%N/A
Sold
Past 3 months
29N/A
Median days on market
Past 12 months
58N/A
Average rent
Past 12 months
$420N/A
Change in rent
Past 12 months
10.5%N/A

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Narrandera demographics

Narrandera, located in the Riverina region of New South Wales, is a charming rural town known for its rich history, natural beauty, and welcoming community. With a population of 4,369, it offers a peaceful lifestyle away from the hustle and bustle of larger cities. The median age of 44 suggests a mature community, with many families and long-term residents enjoying the town's relaxed pace and strong sense of community.

The housing landscape in Narrandera is characterized by a significant proportion of home ownership, with 39.4% of properties owned outright and 32.5% owned with a mortgage. This reflects a stable community with a strong attachment to the area. Renting is less common, with 28.1% of properties being rented, indicating a preference for home ownership among residents.

Family life is central to Narrandera, with couple families with children making up 33.4% of the population and couple families without children accounting for 42.7%. One-parent families also form a notable part of the community at 21.7%. The town's family-friendly environment, combined with its affordable living costs, makes it an attractive option for those seeking a supportive and nurturing place to raise a family.

Narrandera's economy is supported by agriculture, local businesses, and tourism, with the town's picturesque parks, historic buildings, and proximity to the Murrumbidgee River drawing visitors from near and far. The median total household income of $1,113 per week reflects the town's modest yet comfortable living standards, appealing to those who value community and quality of life over the fast-paced demands of urban living.

Suburbs near Narrandera

Some popular suburbs near Narrandera include:

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