North Narooma vs Narooma
Narooma (median $845,000) is roughly 10% cheaper to buy into than North Narooma ($935,000). Over the past year, North Narooma (+18%) ran 10.9 percentage points ahead of Narooma (+7.1%) on house-price growth.
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North Narooma and Narooma side by side
| Measure | North Narooma | Narooma |
|---|---|---|
| Price and market | ||
| Median house | $935,000 | $845,000 |
| Median unit | $233,280 | $233,280 |
| House price change, 12 months | +18.0% | +7.1% |
| Renting | ||
| House rent | $553/wk | $553/wk |
| Unit rent | $440/wk | $440/wk |
| Owner occupied | 84.0% | 72.0% |
| Renter occupied | 13.0% | 25.0% |
| Schools | ||
| Schools nearby | 2 | 3 |
| Average ICSEA | 946 | 973 |
| Lifestyle and people | ||
| Walk score | 2 | 0 |
| Transit score | 0 | 0 |
| Bike score | 20 | 0 |
| Population | 683 | 2,731 |
| Median age | 57 | 58 |
| Climate | ||
| Annual rainfall | 973 mm | 965 mm |
| Mean max, January | 24.1°C | 24.2°C |
Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.
Which suits whom
North Narooma scores higher on walkability (2/100 vs 0/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Narooma (973) sits above North Narooma (946). North Narooma skews owner-occupied (84%), Narooma runs more rental-dense (72% owner).
- For buyers
- Narooma is the lower entry point at $845,000 median, 10% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
- For investors
- Investors face a yield-versus-growth split: Narooma delivers the better gross yield (3.40% vs 3.08%), but North Narooma has run faster on capital growth this year. The right pick depends on whether you're optimising for cash flow or capital appreciation.
- For families
- Narooma edges out on average school ICSEA (973 vs 946). North Narooma also has a higher family-household share (78% vs 57%), so the catchment community skews family-heavy.
North Narooma vs Narooma: common questions
Is North Narooma or Narooma cheaper to buy in?
Narooma has the lower median house price at $845,000, roughly 10% below North Narooma ($935,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Which has stronger property growth, North Narooma or Narooma?
Over the past 12 months, North Narooma grew +18% vs +7.1% in Narooma, a gap of 10.9 percentage points. Twelve-month growth can swing year to year, so weight long-run trends from the individual suburb profiles before making a buy decision.
Does North Narooma or Narooma have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Narooma scores 973 vs 946 in North Narooma. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.
Which is more walkable, North Narooma or Narooma?
North Narooma scores 2/100 on walkability vs 0/100. Above 70 is considered very walkable (most errands on foot), 50-69 is walkable for some errands, below 50 typically requires a car for daily life.
Which suburb has higher rental yield, North Narooma or Narooma?
Gross rental yield on houses is 3.40% in Narooma vs 3.08% in North Narooma. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.
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