Narrabri is a prosperous New England agricultural town on the Namoi River, thriving on cotton, grain, and sheep grazing in one of Australia's most productive dryland farming corridors. The nearby CSIRO Australian Telescope National Facility attracts research workers, and Santos's gas fields west of Narrabri in the Pilliga are driving renewed housing and services investment. Affordable entry prices, solid yields, and an improving demographic profile support the investment case. At the current $385k median house price, an 80% loan at 6.25% over 30 years is about $1,896 per month.
| Median house price | $385,000 |
|---|---|
| Median unit price | $242,000 |
| Estimated monthly repayment | $1,896 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 4.5% |
| Gross rental yield | 5.8% |
| Typical days on market | 32 |
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