Narrabundah — Houses

NEUTRAL
ACT 2604 House Rank #76 of 89 in Canberra ↑9
$1.46M
Median House Price · recent comparable sales
DEMAND LIQUIDITY AFFORD GROWTH YIELD SUPPLY
VERDICT
NEUTRAL
DEMAND
39 buyers/listing
Strong
LIQUIDITY
25d DOM
Neutral
AFFORDABILITY
-14.9% vs 5yr
Strong
GROWTH OUTLOOK
Average
Neutral
YIELD
2.9%
Weak
SUPPLY PRESSURE
1.0% vacancy
Strong
#76/89 Average Structure 32 $1.46M

Atlaso rates Narrabundah houses as HOLD. Average growth outlook. Vacancy is extremely tight at 0.98%, well below the 2.5% equilibrium, but prices declined 17.4% over the past year. Better houses options may be available in Canberra.

At $1.46M, Narrabundah ranks #76 of 89 houses in Canberra. The long-term structural outlook is Average. Buyer demand is strong with 39 buyers per listing.

OPPORTUNITY ENGINE

Structural opportunity remains selective at this price level.

5 stronger-positioned houses identified in Canberra.

Narrabundah Price History

All houses · monthly median sale price

Market Intelligence

What's Happening Now

Balanced No strong buyer or seller advantage right now.
+7.5%
Asking Prices (3mo)
-4.9%
Rents (12mo)
1.5%
Vacancy
36%
Fresh Stock (<30d)

House Asking Prices (12 months)

$1.61M

House Weekly Rents (12 months)

$825/wk

Vacancy Rate (24 months)

--- 1.5% tight --- 3.0% loose

Listing Age (12 months)

Fresh (<30d) 30-60d 60-90d 90-180d 180d+

Data for postcode 2604.

Suburb Profile

Narrabundah at a Glance

SEIFA Index
10/10
Most advantaged
Household Income
$2,434/wk
Median household
Median Age
37
Years
Mortgage Stress
20%
of income
Population Growth
+4.4%
vs state +2.9%
Ownership Mix
19.0% owned 29.4% mortgage 46.8% renting

Demographic Trends

Narrabundah Over Time

Median Household Income (Census)

Population Growth Rate (Census)

Dwelling Composition (Census)

Rental Yield History

Census data: ABS. Yield series: weekly market data.

Full Narrabundah Analysis

Access the full structural analysis, fair value estimate, bedroom-level pricing, and supply intelligence.

3-Year Structural Outlook Strong
Conviction Level High
Fair Value Gap X.X% undervalued
3-Bed House Price $X,XXX,XXX
Gross Yield X.X%
Weekly Rent $XXX
SEIFA Decile X/10
Building Approvals XX dwellings

Frequently Asked Questions

Is Narrabundah a good suburb to invest in?
Atlaso rates Narrabundah 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 Narrabundah and 46 Australian cities to generate this rating.
What is the median house price in Narrabundah?
The current median house price in Narrabundah, act is $1.46M, with annual growth of +25.5%. Properties sell in approximately 25 days.
How fast do properties sell in Narrabundah?
Properties in Narrabundah sell in 25 days on average. The market is currently rated Average. This is in line with the broader market.
What is the growth outlook for Narrabundah?
Atlaso's model analyses 23 structural signals including price history, volume trends, yields, and vacancy to rate Narrabundah'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 Narrabundah?
The gross rental yield for houses in Narrabundah is 2.9%. This is in line with the broader market average.

Want to compare suburbs?

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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).