Narrandera, NSW

OVERVALUED

4,209 sales · 36 years of data · NSW, Australia

$295,000
Median (All)
$295,000
Median (Houses)
$850,000
Median (Apartments)
5.8%
10yr CAGR
3.1%
36yr CAGR
1.0%
Strata %
36 years of data · 4,209 sales analysed · 2,500+ suburbs · Updated weekly

Narrandera, NSW Property Market Overview

Narrandera, NSW, postcode 2700, is a regional town with a well-established property market. AusPropertyInsights.app data covers the last 36 years, showing a total of 4,209 recorded property sales in Narrandera. The current median property price across all property types in Narrandera is $295,000.

Notably, houses in Narrandera share the same median price of $295,000, while apartments show a significantly higher median of $850,000. This discrepancy highlights the limited apartment stock and potentially unique characteristics of those properties in Narrandera.

Currently overvalued
Relative to the long-term price trend line
$500K invested 10yr ago → $878,672
Based on the 10-year compound annual growth rate of 5.8%
Predominantly houses1% apartments
99% of sales are houses and other non-strata properties
Loading chart...

Property Mix

99%
Houses 99%$295,000Apartments 1%$850,000

Data You Can Trust

Every figure backed by NSW government sale records

7 million+
verified sale records
2,500+
NSW suburbs covered
36 years
of market history
Weekly
NSW Gov. data updates

What Subscribers See

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Street Rankings

Top streets in Narrandera, NSW by median sale price

See which streets command the highest prices and how many sales back each ranking.

#StreetTypeSalesMedian Price
1Charles StHouse5$395,000
2Jonsen StHouse5$425,000
3Japonica PlHouse5$380,000
4Victoria AveHouse6$430,000

... and 227 more streets available

Subscribers also see:

  • Street price per m² analysis
  • Street annual growth rates (CAGR)
  • Premium vs discount % comparison
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Price per m²

Streets by price per square metre

Compare land and building value across streets — essential for finding underpriced pockets.

#StreetTypeSalesMedian $/m²
1Jonsen StHouse5$712/m²
2Whitton StHouse4$525/m²
3Charles StHouse5$811/m²
4Riverine StHouse4$489/m²

... and more $/m² rankings

View full $/m² data
Growth Rates

Fastest growing streets by median price

10-year compound annual growth rate (CAGR) by street — see which streets are outperforming the suburb.

#StreetType10yr CAGR
1Adams StHouse+12.2%
2Watermain StHouse+12.5%
3Dalgetty StHouse+9.4%
4Argus StHouse+10.8%

... 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 Analytics

Building-by-building comparison

6
apartment buildings analysed

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.

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Risk Indicator

Flipper risk & hold period analysis

Available with full access
 

Properties resold within 2 years may signal problems — structural issues, noisy locations, or overpayment. See hold period distribution and flagged streets.

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Risk Indicator

Settlement times & problem streets

40
average days to settlement

Extended settlement times can indicate building defects, financing difficulties, or legal issues. See which streets have the longest settlement periods.

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Suburb Change

Density & development tracking

1%
apartments across 6 buildings

Track which streets are converting from houses to apartments. Understand how density is changing the suburb's character and property values over time.

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231 streets and 6 buildings to explore

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3 street rankings
All 231 streets ranked
Cycle chart preview
Full chart — all years
Basic median prices
Price per m² by street
Suburb-level growth only
10-year CAGR by street
Building count only
6 buildings compared
Summary stats only
Flipper risk + settlement data

Based on 4,209 verified property sales across 36 years · Last updated: February 2026

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Narrandera at a Glance

Region
Riverina, NSW
CBD Distance
Approximately 550km west of Sydney CBD
Train Station
Narrandera Railway Station (NSW TrainLink)
Council
Narrandera Shire Council
Property Character
Established residential with predominantly detached housing
Community
Families, retirees, and agricultural workers

Narrandera, NSW

Map data © OpenStreetMap contributors

Local Amenities


Living in Narrandera, NSW

Narrandera offers a classic country town lifestyle, known for its friendly community and relaxed pace. Residents enjoy access to local amenities such as Narrandera Public School and Narrandera High School, catering to families with children. For shopping, the main street offers a range of local businesses and essential services. Parks like Narrandera Park provide green spaces for recreation and relaxation.

The Murrumbidgee River flows nearby, offering opportunities for fishing, boating, and enjoying the natural environment. The town's character is defined by its strong sense of community and connection to the surrounding agricultural landscape. Narrandera is a place where neighbours know each other, and community events are well-attended.


Who Buys in Narrandera?

The buyer profile in Narrandera is likely diverse, encompassing families, first home buyers, and downsizers. The median house price of $295,000 makes Narrandera relatively accessible for first home buyers looking to enter the property market. Families are drawn to the area by the availability of schools and the family-friendly atmosphere. Downsizers may be attracted by the affordability and relaxed lifestyle. The low strata percentage suggests that most buyers are seeking houses rather than apartments.

Market Analysis

Analysis of the Narrandera property market reveals that the suburb is currently positioned above its long-term trend. This suggests that Narrandera is currently in overvalued territory within its property cycle.

This cycle position indicates that property prices in Narrandera may have experienced growth exceeding the historical average. Monitoring sales volumes and price movements will be crucial to understanding how the market is responding to this phase of the property cycle in Narrandera.


Is Narrandera a Good Investment?

Narrandera has experienced consistent, albeit moderate, growth in property values over the long term. The full-period CAGR of 3.1% reflects a steady appreciation of property prices in Narrandera over the past 36 years. More recently, the 10-year CAGR of 5.8% indicates an acceleration in growth, while the 20-year CAGR of 3.9% sits between these two figures.

Currently, the property market in Narrandera is positioned above its long-term trend. While this indicates that the market is currently in overvalued territory, understanding the underlying drivers of this trend is essential. Factors such as population growth, infrastructure development, and local economic conditions may be contributing to the observed market dynamics in Narrandera.


Narrandera Market Outlook

As of early 2026, the Narrandera property market is positioned above its long-term trend. Recent price trends have contributed to this cycle position, indicating a period of growth exceeding the historical average for Narrandera. Continued monitoring of market data will be essential to understanding the future trajectory of property values in the suburb.

Streets & Location in Narrandera, NSW

Narrandera, with postcode 2700, encompasses 231 streets, each contributing to the suburb's unique character. Among these, JAPONICA PL, AUDLEY ST, and MAY ST stand out as top streets based on median property prices, as observed on the free page of AusPropertyInsights.app. The location of these streets within Narrandera likely influences their higher property values, reflecting factors such as proximity to amenities or desirable neighbourhood characteristics.

Market Dynamics

Transaction patterns in Narrandera reflect a relatively efficient market, with an average settlement timeframe of 40 days. The 'quick-flip' percentage is not applicable, suggesting that short-term speculative buying and selling is not a prominent feature of the Narrandera property market. This indicates a market primarily driven by owner-occupiers and longer-term investors.

Development & Density

Narrandera features a relatively low-density development profile, with a limited number of apartment buildings. There are only 6 apartment buildings in Narrandera, reflecting the predominantly detached housing landscape. The low strata percentage of 1.0% further confirms this, indicating that the vast majority of properties in Narrandera are houses rather than apartments or units.

Growth & Property Mix

Historically, Narrandera has demonstrated steady property value growth. Over the past 10 years, the suburb has seen a Compound Annual Growth Rate (CAGR) of 5.8%. Looking further back, the 20-year CAGR sits at 3.9%, and the full-period CAGR (36 years) is 3.1%. The property mix in Narrandera is predominantly houses, as evidenced by the low strata percentage of 1.0%, indicating a limited number of apartments.

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.

Frequently Asked Questions about Narrandera, NSW

What is the median property price in Narrandera?
The current median property price in Narrandera across all property types is $295,000. Houses also have a median price of $295,000, while apartments have a significantly higher median of $850,000, likely due to the limited number of apartments available.
Is Narrandera overvalued or undervalued?
According to our analysis, Narrandera is currently positioned above its long-term trend in the property cycle. This indicates that Narrandera is currently in overvalued territory.
How has the Narrandera property market performed over 10 years?
Over the past 10 years, the Narrandera property market has seen a Compound Annual Growth Rate (CAGR) of 5.8%. This indicates a solid growth trend in property values over the last decade.
What percentage of Narrandera is apartments vs houses?
Apartments make up a very small portion of the property market in Narrandera. The strata percentage is only 1.0%, meaning the vast majority of properties are houses.
Where is Narrandera in the property cycle?
Currently, the property market in Narrandera is positioned above its long-term trend. This places Narrandera in a phase of the property cycle considered to be overvalued.
What schools are near Narrandera?
Narrandera is serviced by local schools including Narrandera Public School and Narrandera High School. These schools cater to students from primary to secondary levels.
What is Narrandera like to live in?
Narrandera offers a relaxed, country town lifestyle with a strong sense of community. It's a place where residents enjoy a slower pace of life and access to essential amenities.
Is Narrandera good for families?
Narrandera can be a good option for families, offering affordable housing and access to local schools. The quiet, community-oriented environment may appeal to those seeking a family-friendly place to live.
How far is Narrandera from Sydney CBD?
Narrandera is located approximately 550km west of the Sydney CBD. Travel to Sydney is generally by car or train.
What transport options are in Narrandera?
Narrandera has a railway station serviced by NSW TrainLink, providing connections to regional centres and Sydney. Local bus services operate within the town, and the main roads provide access to surrounding areas.
How does Narrandera compare to nearby suburbs?
Comparing Narrandera to nearby towns requires further analysis, but generally Narrandera offers more affordable property prices compared to larger regional centres. Growth rates may also differ based on local economic factors and development trends.
Is Narrandera a good first home buyer suburb?
With a median house price of $295,000, Narrandera presents a potentially accessible entry point for first home buyers. The predominantly house-based property market may appeal to those seeking a traditional home.
What are the best streets in Narrandera?
Based on median property prices, JAPONICA PL, AUDLEY ST, and MAY ST are among the top streets in Narrandera. These streets may offer desirable location attributes that contribute to their higher property values.
How many properties have been sold in Narrandera?
Over the past 36 years, there have been a total of 4,209 recorded property sales in Narrandera, NSW.
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