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Suburb profile ·Canterbury-Bankstown LGA · NSW ·2209

Narwee NSW 2209

Narwee is in Canterbury-Bankstown LGA, NSW, postcode 2209, with population 5,411.

Median house $1.6M +4.4% YoY
Median rent $690/wk Income-stretched rent market
Gross yield 2.2% Low yield band
Population 5,411 5K local footprint
Schools 1 Matched school context
Decision trust

Strong evidence

Narwee has enough direct local evidence for a first-pass decision.

Direct signals include Property prices, Market rent, Crime, and Schools. Missing or weaker areas are still shown so the page does not overstate precision.

7
Available
0
Verify
1
Missing
Income-stretched rent market

Weekly rent screens at about 66% of annual income. Postcode-derived rent for 2209. Multiple suburbs can share this rental market signal.

Open matching rent ranking
Development momentum

1,316 latest-year approvals in Canterbury-Bankstown, +0.0% YoY; population +1.0% YoY (0.7% 5yr).

Open development signals
COMPARE THE TRADE-OFFS Use compare to test the suburb against another candidate, then validate financial assumptions in the calculator where available.
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Current status
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Source & freshness

QuickProperty mixes release files, Census baselines, and matched local services on this page. Read the status panel before treating every metric as equally fresh.

PRICE POSTURE
Manual release files still matter here.

Manual release files parsed into suburb prices

RENT POSTURE
Rent is using a state market dataset when available.

Use current rent as a starting signal, not as a fixed underwriting truth.

SERVICE POSTURE
Service coverage is matched locally, not inferred nationally.

Schools, transport, and hospitals are useful as presence signals, but they still have different source cadences.

Data status
Property prices
NSW Valuer General · 2025-Q4 · Manual release refresh
medium stability · manual file · conditional refresh · release-based
Available
Market rent
NSW Fair Trading · 2025-04 · State market dataset
stable source · automated · every update · monthly
Available
Crime
BOCSAR · January 2025 - December 2025 · Area-level release dataset
medium stability · automated · every update · release-based
Available
Schools
ACARA 2025 · 1 schools matched
medium stability · manual file · snapshot · annual
Available
Hospitals
AIHW · No linked local hospital coverage
medium stability · manual file · snapshot · mixed
Missing
Transport
GTFS feeds · 26 matched stops/stations
medium stability · manual file · snapshot · mixed
Available
Population growth
ABS ERP · 2025 · Annual estimate series
stable source · automated · every update · annual
Available
Building approvals
ABS Building Approvals · 2026 · Annual release series
stable source · automated · every update · monthly
Available
Available means a direct local dataset is linked. Verify means coverage exists but freshness or precision is weaker, such as Census rent fallback or low-confidence hospital matching.
Rent signal

Income-stretched rent market

Weekly rent screens at about 66% of annual income. Snapshot rent $690/wk.

Postcode-derived rent for 2209. Multiple suburbs can share this rental market signal.

Source level Postcode Confidence Medium Period 2025-04
$675/wk
-2.2% YoY
Mar 2025 → Apr 2026 · 14 periods
NSW Fair Trading · postcode 2209 · Apr 2026
$800
$650
Mar 2025Apr 2026
Evidence depth
Strong evidence

Narwee has enough direct local evidence for a first-pass decision.

Direct signals include Property prices, Market rent, Crime, and Schools. Missing or weaker areas are still shown so the page does not overstate precision.

Next step

Use compare to test the suburb against another candidate, then validate financial assumptions in the calculator where available.

Direct
7

Property prices, Market rent, Crime, Schools

Verify
0

No fallback or lower-precision signals flagged.

Missing
1

Hospitals

Decision intelligence
Premium-market

Narwee currently reads as a premium-market candidate.

Transport coverage adds a practical access signal. Premium pricing raises the bar for yield, affordability, and downside checks. Gross yield looks low for an income-first use case.

Recommended next step

Compare it against one challenger, then use the AU calculator to model the financial case.

Why it fits

Transport coverage adds a practical access signal.

What to check

Premium pricing raises the bar for yield, affordability, and downside checks. Gross yield looks low for an income-first use case.

Decisive gaps

No decisive evidence gap was detected from the current inputs.

Compare status

Compare-ready

Why people look here Intent
  • Buyers want a quick sense of price, schools, and neighbourhood scale before getting lost in data.
  • Investors want to know whether rent, yield, and affordability broadly support the suburb story.
  • Researchers want one place that ties property, demographics, transport, and services together.
Local signals Mixed
Schools: 1 matched, including Narwee Public School.
Crime: 2,382 per 100k at the Canterbury-Bankstown LGA level.
Transport: 26 matched stops/stations across local feeds.

Price history

HousesUnits

Full data detail

Narwee NSW

Postcode 2209 · Canterbury-Bankstown LGA

Narwee is a mid-sized suburb in New South Wales within the Canterbury-Bankstown local government area (postcode 2209). With a population of 5,411, the suburb has an established demographic with a median age of 40. Households earn a median income of $74K per year, with an average household size of 2.7 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.0% year-on-year at the LGA level. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, clerical & administrative, technicians & trades. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are Chinese, English, Australian.

The median house price in Narwee is $1.6 million, having increased 4.4% over the past year. Units have a median price of $770,000. The current median weekly rent is $690. This gives a gross rental yield of approximately 2.2%. The median monthly mortgage repayment is $2,166.

Narwee is served by 1 school, including 1 primary. The average ICSEA score is 1001, which is around the national average of 1,000. Public transport access includes 2 rail stations, 24 bus stops. The crime rate in the Canterbury-Bankstown LGA is below average at 2,382 incidents per 100,000 population.

From an investment perspective, Narwee offers a gross rental yield of 2.2%, rated as low yield. Property prices are near the state median ($1.6M/$1.5M). The price-to-income ratio of 22.0x is considered stretched. House prices have moved +4.4% year-on-year. Population growth of +1.0% year-on-year indicates stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.

Investment signals
Rental Yield2.2% Low Yield
Price vs State$1.6M/$1.5M Near Median
Affordability22.0x Stretched
Price Momentum+4.4% Stable
Pop. Growth+1.0% Stable
Development+0% Steady
Income (ATO 2022-23)
Median income$54,065
Mean income$65,762
Earners8,978
YoY change+11.4%
SEIFA index (ABS) — 1 = most disadvantaged, 10 = most advantaged
Advantage2/10
Education7/10
Economic1/10
Disadvantage5/10
Latest prices (state valuers)
Median house
$1.6M
4.4% YoY
Median unit
$770K
0% YoY
Census 2021 (ABS)
Median rent /wk
$354
Population
5,411
Demographics
Median age40
Household size2.7
HH income /wk$1,431
Personal income /wk$647
Mortgage /mth$2,166
Crime (Canterbury-Bankstown LGA)
Crime rate (per 100k)2,382
Total incidents9,049
Transport
Rail stations2
Bus stops24
Narwee Station, Penshurst Rd
Narwee Station, Platform 1
Schools (1)
Avg ICSEA1001
Total students246
Government1
Narwee Public SchoolPrimary · Government · ICSEA 1001
Population growth (Canterbury-Bankstown LGA)
Population (2025)389,687
5-year growth+0.7% CAGR
YoY change+1%
Development (Canterbury-Bankstown LGA)
Approvals (2026)1,316
Houses453
Units863
YoY change+0%
Data status
Property prices
NSW Valuer General · 2025-Q4 · Release dataset
Available
Market rent
NSW Fair Trading · 2025-04 · Market dataset
Available
Crime
BOCSAR · January 2025 - December 2025 · LGA-level dataset
Available
Schools
ACARA 2025 · 1 schools matched
Available
Hospitals
AIHW
Missing
Transport
GTFS · Stop-level feed
Available
Population growth
ABS ERP · 2025 · Annual estimate
Available
Building approvals
ABS Building Approvals · 2026 · Annual series
Available
Available means a local dataset is present. Verify means coverage exists but location confidence is limited.
Data: 2025
Sources: ABS Census 2021 · ABS dwelling prices · State Valuers General · ATO income · ACARA schools · AIHW hospitals · GTFS · state police

Narwee FAQ

Common questions
  1. What LGA is Narwee in?

    Narwee is in the Canterbury-Bankstown Local Government Area, NSW, postcode 2209. Council-level context for Canterbury-Bankstown LGA (suburb mix, population, rent, and price coverage) is available on the QuickProperty LGA page.

  2. What is the median house price in Narwee?

    The current median house price in Narwee, NSW is $1.6M, based on the latest available sales data from state Valuers General offices and ABS Data by Region.

  3. What is the typical weekly rent in Narwee?

    The median weekly rent in Narwee is $690/wk, based on the current market rent dataset. The current rent signal is income-stretched rent market.

  4. What does the rent signal say about Narwee?

    Income-stretched rent market: Weekly rent screens at about 66% of annual income. Use this as a suburb screening signal before comparing candidates or modelling a purchase; the matching rent ranking can provide broader market context.

  5. Is Narwee a good investment?

    QuickProperty's investment signals for Narwee show: Low Yield, Near Median, Stretched. These are computed from price, rent, income, and population data — not an opaque score.

  6. Where does QuickProperty get its data for Narwee?

    Property prices come from state Valuers General offices and ABS Data by Region. Demographics are from ABS Census 2021. School ICSEA scores are from ACARA. Crime statistics are from state police agencies. Transport data is sourced from GTFS feeds.

  7. How often is the Narwee data updated?

    Property prices update quarterly. RBA macro indicators update with each deploy. Demographics are from Census 2021. School ICSEA scores are from ACARA 2025.