Narromine, NSW
FAIR VALUE4,396 sales · 36 years of data · NSW, Australia
Narromine, NSW Property Market Overview
Narromine, NSW, postcode 2821, presents a property market shaped by over 36 years of recorded sales data, totalling 4,396 transactions. This regional town offers a mix of residential opportunities, with a current median property price (all types) sitting at $400,000.
Narromine's market is characterised by its stability and steady growth. The median house price currently stands at $403,000, while apartments offer a more affordable entry point at $242,000. With its rich history of property transactions, Narromine provides a comprehensive dataset for analysing long-term market trends in regional New South Wales.
Property Mix
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Every figure backed by NSW government sale records
What Subscribers See
A preview of the full analysis available for Narromine
Top streets in Narromine, NSW by median sale price
See which streets command the highest prices and how many sales back each ranking.
| # | Street | Median Price |
|---|---|---|
| 1 | Algalah St | $402,000 |
| 2 | Manildra St | $438,000 |
| 3 | Meryula St | $425,000 |
| 4 | A'beckett St | $370,000 |
... and 215 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 | The Mcgrane Way | $4,762/m² |
| 2 | Second Ave | $619/m² |
| 3 | Wattle Cres | $500/m² |
| 4 | Villeneuve Dr | $224,615/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 | Sixth Ave | +7.2% |
| 2 | Meryula St | +8.7% |
| 3 | Nymagee St | +6.7% |
| 4 | The Mcgrane Way | +14.0% |
... 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
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 Narromine analysis
219 streets and 14 buildings to explore
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Narromine at a Glance
Narromine, NSW
Map data © OpenStreetMap contributors
Local Amenities
Living in Narromine, NSW
Living in Narromine offers a relaxed, rural lifestyle with a strong sense of community. The town provides essential amenities and services, catering to the needs of its residents. Narromine High School and Narromine Public School serve the educational needs of local families.
Residents can enjoy outdoor activities at local parks like the Narromine Botanic Gardens and along the Macquarie River. Shopping needs are met by local businesses and the Narromine Plaza. The town also has a railway station, providing connectivity to other regional centres. The overall vibe of Narromine is one of friendly neighbours and a close-knit community, making it an appealing place to call home.
Narromine is known for its agricultural heritage and its welcoming atmosphere. The town hosts various community events and festivals throughout the year, fostering a strong sense of belonging among its residents. The pace of life in Narromine is slower and more relaxed than in larger cities, making it an attractive option for those seeking a quieter lifestyle.
Who Buys in Narromine?
The buyer profile in Narromine is likely diverse, encompassing families, first-home buyers, and potentially some investors. The median house price of $403,000 may be attractive to families seeking affordable housing options in a regional setting. First-home buyers might also find Narromine appealing due to the relatively lower entry point compared to metropolitan areas.
The low strata percentage of 1.3% suggests that most buyers are interested in houses rather than apartments. The historical growth rates, with a 10-year CAGR of 5.1%, might attract some investors looking for steady, long-term capital appreciation. Overall, Narromine likely attracts a mix of residents seeking a relaxed lifestyle and affordable housing.
Market Analysis
Currently, Narromine's property market is assessed as being near its long-term trend, indicating fair value. This suggests that property prices are aligned with historical growth patterns and economic conditions within the region.
Being at fair value implies that Narromine's property market is neither excessively inflated nor significantly undervalued. This can provide a degree of stability for both buyers and sellers, as prices are less likely to experience drastic fluctuations in the short term. Understanding this cycle position is crucial for interpreting price movements and potential investment opportunities in Narromine.
Is Narromine a Good Investment?
Narromine's property market, characterised by its position near its long-term trend, presents a balanced scenario for prospective buyers. The historical data, spanning 36 years, reveals consistent growth, with a full-period CAGR of 4.5%. This suggests a stable market with enduring appeal.
The 10-year CAGR of 5.1% indicates a recent period of stronger growth compared to the longer-term averages. Factors driving property values in Narromine likely include its regional location, the availability of affordable housing, and the overall economic conditions in the surrounding area. The current market position suggests that prices are aligned with underlying economic fundamentals.
While past performance is not indicative of future results, the historical growth rates and the current cycle position provide valuable context for understanding Narromine's property market dynamics. The town's appeal lies in its combination of affordability, community atmosphere, and accessibility to essential amenities.
Narromine Market Outlook
As of early 2026, Narromine's property market remains near its long-term trend, indicating fair value. Recent price trends suggest a continuation of the steady growth patterns observed historically. This stability is influenced by the town's regional location and the broader economic conditions in New South Wales.
The market conditions in Narromine are characterised by a balance between supply and demand. While the specific trend deviation percentage remains confidential, the overall outlook suggests a stable and predictable market environment.
Streets & Location in Narromine, NSW
Narromine, postcode 2821, features a variety of streets that contribute to its residential character. Among the streets with notable median property prices are MURGAH ST, MERILBA ST, and A'BECKETT ST. These streets are just a few examples of the 219 streets that comprise the suburb.
The location of Narromine within NSW contributes to its unique property market dynamics. Its position offers a blend of rural charm and accessibility to regional centres, influencing property values and lifestyle appeal.
Market Dynamics
Market transactions in Narromine typically involve an average settlement timeframe of 46 days. This indicates a relatively efficient process for property sales in the area. Data on quick-flip percentages is currently unavailable, which suggests either a low level of speculative activity or a lack of sufficient data to accurately calculate this metric.
The settlement timeframe provides insight into the liquidity of the Narromine property market. It suggests that properties are being processed at a reasonable pace, which is important for both buyers and sellers.
Development & Density
Narromine's development density is characterised by a relatively low number of apartment buildings. With only 14 apartment buildings across the suburb, the housing landscape is dominated by detached houses. This reflects a traditional residential character.
The low strata percentage of 1.3% further emphasises the prevalence of houses over apartments in Narromine. This composition influences the overall property values and the types of buyers attracted to the area. The limited number of apartment buildings suggests a focus on low-density residential development.
Growth & Property Mix
Narromine's historical growth rates reflect a consistent, if modest, upward trajectory. Over the past 10 years, the suburb has experienced a compound annual growth rate (CAGR) of 5.1%. Looking further back, the 20-year CAGR stands at 4.1%, while the full-period CAGR, encompassing the entire 36 years of data, is 4.5%.
The property mix in Narromine is predominantly houses, with apartments representing a smaller proportion of the market, as evidenced by the low strata percentage of 1.3%. This blend of property types contributes to the overall dynamics of the Narromine market.
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.