Narooma, NSW
FAIR VALUE3,932 sales · 36 years of data · NSW, Australia
Narooma, NSW Property Market Overview
Narooma, NSW, is a coastal town located on the South Coast of New South Wales, approximately 350 kilometres south of Sydney. AusPropertyInsights.app data shows that Narooma's property market is built on 36 years of recorded sales data, comprising a total of 3,932 sales. The current median property price for all types in Narooma is $675,000.
Narooma offers a diverse range of property options, from houses to apartments. The current median house price in Narooma sits at $863,000, while the median apartment price is $525,000. This coastal town is known for its stunning beaches, relaxed lifestyle, and growing popularity as a tourist destination. Narooma's property market reflects its appeal to both permanent residents and holidaymakers.
Property Mix
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What Subscribers See
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Top streets in Narooma, NSW by median sale price
See which streets command the highest prices and how many sales back each ranking.
| # | Street | Median Price |
|---|---|---|
| 1 | Old Hwy | $1,290,000 |
| 2 | Payne St | $590,000 |
| 3 | Princes Hwy | $337,500 |
| 4 | Dorothy Dr | $742,500 |
... and 170 more streets available
Subscribers also see:
- Street price per m² analysis
- Street annual growth rates (CAGR)
- Premium vs discount % comparison
Streets by price per square metre
Compare land and building value across streets — essential for finding underpriced pockets.
| # | Street | Median $/m² |
|---|---|---|
| 1 | Princes Hwy | $3,075/m² |
| 2 | Old Hwy | $94,049/m² |
| 3 | Princes Hwy | $919/m² |
| 4 | Collins Cres | $1,492/m² |
... and more $/m² rankings
View full $/m² data →Fastest growing streets by median price
10-year compound annual growth rate (CAGR) by street — see which streets are outperforming the suburb.
| # | Street | 10yr CAGR |
|---|---|---|
| 1 | Forsters Bay Rd | +10.1% |
| 2 | Dorothy Dr | +7.4% |
| 3 | Campbell St | +6.8% |
| 4 | Loader Pde | +10.0% |
... and more street growth rates
See all growth rates →Past growth rates are not indicative of future performance. This data is for informational purposes only.
Building-by-building comparison
| # | Address | Median |
|---|---|---|
| 1 | 169 Princes Hwy | $540,000 |
... and 104 more buildings
Compare individual buildings by price per sqm, median unit price, and sales volume. Identify which buildings are gaining or losing value relative to the suburb average.
View full building data →Flipper risk & hold period analysis
Properties resold within 2 years may signal problems — structural issues, noisy locations, or overpayment. See hold period distribution and flagged streets.
See flipper risk data →Settlement times & problem streets
Extended settlement times can indicate building defects, financing difficulties, or legal issues. See which streets have the longest settlement periods.
See settlement data →Density & development tracking
Track which streets are converting from houses to apartments. Understand how density is changing the suburb's character and property values over time.
See density trends →Unlock the full Narooma analysis
174 streets and 108 buildings to explore
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Narooma at a Glance
Narooma, NSW
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Local Amenities
Living in Narooma, NSW
Living in Narooma offers a relaxed coastal lifestyle with access to stunning natural beauty. Narooma is known for its beautiful beaches, including Narooma Beach and Bar Beach, perfect for swimming, surfing, and fishing. The town also boasts scenic spots like Montague Island, a popular destination for whale watching and diving.
Families are drawn to Narooma for its peaceful environment and excellent schools, such as Narooma High School and Narooma Public School. For shopping and dining, Narooma offers a range of local shops, cafes, and restaurants along the Princes Highway. Parks and recreational areas, like the Narooma Golf Club and Rotary Park, provide opportunities for outdoor activities. The community in Narooma is known for its friendly and welcoming atmosphere, making it an appealing place to call home.
Who Buys in Narooma?
The buyer profile in Narooma is diverse, reflecting the town's appeal to various demographics. The presence of apartments, representing 25.9% of the market, suggests that some buyers are drawn to lower-maintenance living options. The median apartment price of $525,000 may attract first home buyers or investors.
Families are also drawn to Narooma, attracted by the larger houses (median price $863,000) and access to local schools. The historical CAGR figures suggest that Narooma has been a desirable location for long-term property ownership. The current median property price of $675,000 attracts a range of buyers, including retirees and those seeking a coastal lifestyle.
Market Analysis
Currently, Narooma's property market is assessed to be near its long-term trend, indicating fair value. This means that property prices in Narooma are generally aligned with historical growth patterns and underlying economic factors.
While being at fair value doesn’t necessarily imply immediate price surges, it suggests a stable market where property values are supported by fundamentals. This could be attractive to buyers seeking a more predictable market environment. The market in Narooma has exhibited a steady performance over the long term, and the current cycle position reflects this consistency.
Is Narooma a Good Investment?
Narooma's property market presents a compelling picture for long-term growth, based on historical trends. With a 10-year CAGR of 7.7% and a full-period CAGR of 5.7%, Narooma has demonstrated consistent appreciation in property values. The current cycle position of being near its long-term trend suggests stability in the market.
Narooma's appeal lies in its coastal location, lifestyle amenities, and community character. These factors contribute to sustained demand for properties in the area. The mix of houses and apartments provides options for various buyer preferences, further supporting the market's resilience. Narooma's historical growth and stable market position make it a location of interest for those seeking property.
Narooma Market Outlook
As of early 2026, Narooma's property market is currently assessed to be near its long-term trend. Recent price trends have shown stability in the area. The overall market conditions in Narooma are influenced by factors such as interest rates, economic growth, and local development projects. The demand for coastal properties continues to support the market in Narooma. The town's appeal as a tourist destination and residential location contributes to its sustained property values.
Streets & Location in Narooma, NSW
Narooma, postcode 2546, boasts a variety of streets, with a total of 174 streets contributing to the town's property landscape. The Princes Highway is one of the major thoroughfares in Narooma, often commanding attention in property values. Other notable streets, based on median price, include Dorothy Drive and Campbell Street.
Narooma's coastal location and proximity to amenities contribute to its desirability. The town's layout and street network reflect its evolution from a small fishing village to a popular residential and tourist destination.
Market Dynamics
Property transactions in Narooma typically take an average of 48 days to settle, reflecting a relatively efficient sales process. This timeframe provides insight into the liquidity of the Narooma property market. Data regarding quick-flip percentages in Narooma is currently unavailable. The settlement timeframe of 48 days, as of early 2026, suggests a market where transactions are generally processed without significant delays.
Development & Density
Narooma features a mix of housing types, including houses and apartment buildings. There are approximately 108 apartment buildings in Narooma, contributing to the town's overall housing density. Strata title properties, primarily apartments, account for 25.9% of the market.
The presence of apartment buildings indicates a degree of higher-density living, particularly in areas closer to the town centre and waterfront. This mix of housing options caters to a range of residents, from families seeking larger homes to individuals preferring apartment living.
Growth & Property Mix
Historically, Narooma has demonstrated solid growth in property values. Over the past 10 years, Narooma has seen a Compound Annual Growth Rate (CAGR) of 7.7%. Looking further back, the 20-year CAGR is 4.2%, while the full-period CAGR, spanning 36 years of data, stands at 5.7%. The housing composition includes a mix of houses and apartments, with apartments representing approximately 25.9% of the market, based on strata title properties.
All data on this page is sourced from NSW government property sale records. Market analysis, cycle positions, growth rates, and all other metrics are provided for informational purposes only and do not constitute financial, investment, legal, or property advice. Always seek independent professional advice before making any property or financial decisions.
This information is based on historical sales data and does not constitute financial, investment, or property advice. Past performance is not indicative of future results. Always consult a qualified professional before making property decisions.