UPDATE | Narara Keeps GROWING | July 23rd, 2025

By Michael Daniels

https://www.mortgagechoice.com.au/michael.daniels/our-services/mortgage-choice-in-narara-michael-daniels/

Narara's many attributes continue to bear fruit in the form of rising house prices. Unlike many other Central Coast suburbs, Narara has surpassed the 5% growth milestone, achieving a growth rate of 7.40%.
The median weekly rent of $650 has shown less growth (2.4%), which is surprisingly low given that 529 potential renters were interested in only 15 available houses last month. 20% of Narara houses are rented, which is well below the national average of 36%, meaning this is likely to be a more stable market as owner-occupiers tend toward longer tenure.
Over the last year, 113 Narara houses were sold, which represents only 4.1% of the total number of houses in the area. If this result were to occur consistently, houses would only turn over every 24 years, which is a remarkably long tenure.
Many of our long-term Narara clients now hold substantial amounts of equity, a result of the significant capital growth we have seen over the last decade.
Mortgage Choice in Narara's most common equity release purposes are for home improvements, followed by granny flats, and then deposits on a second property.
If you would like to talk with us about your property and mortgage plans, please call us at Mortgage Choice Central Coast or email us at michael.daniels@mortgagechoice.com.au or
philip.cooper@mortgagechoice.com.au.



Location: Narara NSW 2250, Australia

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