Livability Index
100.7
What's this?

Population: 4956

House Growth Prediction (per annual): 29%, 478th out of 5061

Unit Growth Prediction (per annual): 22%, 280th out of 2987

Keywords: High Population Density, Born Overseas, Diverse Language, Finance

Basics

Narwee is a local community with population 4,956, and the population growth over the past decade is 27.3%. It has an average income $46,314.97 per annum. It has 35% of population who only speak English at home. Other top languages include Cantonese, Mandarin, Arabic, Greek, Indonesian. Unemployment rate in Narwee is 6.64% while people work as professionals is 22.3%. Narwee has 0 Coles stores and 0 Woolworth stores. Its population density is 1,503.26 people per Square Kilometre.

Socio-Economic Indicator and Livability Index

Narwee has Socio-Economic raw score 964.4 while the average score across Australia is 1000. Therefore, Narwee has disadvantage in terms of Socio-Economic measure. It obtains relative score 35 out of 100 across Australia, while relative score 35 out of 100 within NSW. Factors considered in this score include income, education level, unemployment, occupation, housing pressure and so on. This score is generated by Australia Bureau of Statistics (ABS).

Similar to Socio-Economic measure, GeoIndex computes smart livability index by considering additional factors, including rental rate against income, property price against income, safety, transport, access convenience, environment, population density and so on. Narwee has a livability index 97.4, which is lower than average 100 across Australia. It ranks 4,093th out of 8,530 suburbs across Australia. Therefore, it is a suburb less livable for local communities.

Real Estate Price Forecast and Investment Guide

Based on our more than ten millions of historical property transaction data, wide range of predictors and cutting-edge algorithm, we predict the house price would grow by 17.3% per annum in following 1-3 years. Comparing to average house growth rate 10.7% in Australia, Narwee has a higher than average growth expectation. It ranks 6,587th out of 8,530 suburbs in Australia, which is predicted to be attractive to investors.

Similar to house, unit/flat/apartment in Narwee is predicted to grow by 8.9% per annum in following 1-3 years. Comparing to average unit growth rate 3.7% in Australia, Narwee has a higher than average growth. It ranks 3,601th out of 8,530 suburbs in Australia, which is predicted to be attractive to investors.

Education: Primary and Secondary School Index

As for education, Primary public school contribute to the attractiveness of Narwee, which obtains score of 97.1 out of 100 within NSW based on local primary school student exam performance. Similar to primary school, secondary public school contribute to the attractiveness of Narwee, which obtains score of 92 out of 100 within NSW based on local secondary school student exam performance. Considering the background of students in primary school, Narwee has a better than average score, which is 52.7 out of 100. Similar to to primary school, secondary school has better than average score, which is 67 out of 100.

Review

Review Narwee, NSW

 

Narwee, NSW smart rating was calculated by GeoIndex Australia.

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