Nar Nar Goon North

Nar Nar Goon North is a small suburb with a population of 819 residents. The age distribution is fairly balanced, with a significant number of residents aged between 5 to 64 years. The median household income is above average at $2,116 per week. The suburb offers a mix of occupations, with technicians and tradeworkers being the dominant group, followed by managers and professionals. The commute to work is mainly by motor vehicle, with a notable percentage working from home. For property investors interested in houses, Nar Nar Goon North presents opportunities. The suburb has a high stock on market rate, indicating a good supply of properties. However, the vacancy rate is relatively high at 17.1%, suggesting a competitive rental market. The median growth rate is positive, reflecting a stable market. Renovators might find potential in this suburb due to the high Sale Price IQR Ratio. It is essential to consider the discount median and days on market when making investment decisions. Nar Nar Goon North is a suburban area with a diverse mix of residents and occupations. The property market, especially for houses, offers opportunities for investors, with potential for renovation projects. The suburb's positive growth rate and strong demand for housing indicate long-term investment potential. Homeowners can enjoy a peaceful lifestyle with access to essential amenities and a growing community. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022