Atlaso rates Narooma units as HOLD. Average growth outlook. Vacancy remains tight at 1.91%, but prices declined 17.4% over the past year. Better units options may be available in Canberra.
At $400K, Narooma ranks #51 of 63 units in Canberra. The long-term structural outlook is Good. Prices remain 12% below their 5-year trend, suggesting room for recovery.
OPPORTUNITY ENGINE
Structural opportunity remains selective at this price level.
3 stronger-positioned units identified in Canberra.
Atlaso rates Narooma as HOLD confidence for capital growth. In our out-of-sample testing, 90% of our STRONG BUY suburbs grew more than 8% annually. Our model analyses price trends, volume, demographics, and market conditions across Narooma and 46 Australian cities to generate this rating.
What is the median house price in Narooma?
The current median house price in Narooma, act is $400K, with annual growth of +17.6%.
How fast do properties sell in Narooma?
Days on market data is not currently available for Narooma.
What is the growth outlook for Narooma?
Atlaso's model analyses 23 structural signals including price history, volume trends, yields, and vacancy to rate Narooma's growth potential. The model predicts whether a suburb is likely to outperform, not by how much. Our ratings have been validated across 46 Australian cities, with 90% of top-rated suburbs growing more than 8% a year.
What is the rental yield in Narooma?
The gross rental yield for houses in Narooma is 5.7%. This is above the national average, making it attractive for yield-focused investors.
Important: Atlaso provides general research information only and does not constitute personal financial advice, property advice, or a recommendation to buy, sell, or hold any property. Suburb scores, growth ratings, rental yield estimates, and market signals are based on quantitative models using historical data. They are not guarantees of future performance. Property values can fall as well as rise. You should seek independent licensed financial and property advice before making any investment decision. Atlaso Pty Ltd (ABN 84 696 036 469) is not a licensed financial adviser and does not hold an Australian Financial Services Licence (AFSL).