Narrabri Positive Cashflow – 8.5% Yield

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Updated 3 min read
27 Denison Street, Narrabri NSW (2023 case study property)

Updated November 2026: we added a “Narrabri today” section with current Stash suburb figures and what has happened to the property since. The deal figures below are from 2023.

Address

27 Denison Street, Narrabri, NSW 2390

Investment Strategy

Positive Cashflow/High Yield

Development Timeline

08/06/2023
Property Purchased
$306,000
01/08/2023
Advertised For Rent
$500pw

About the Property

Situated in a family-friendly street, 27 Denison Street is conveniently located just a few blocks from Narrabri CBD. This spacious property offers four generously sized bedrooms, an open-plan living and dining area, and a formal lounge room with a split-system air conditioner and a wood fire heater. Additional living space is provided by the sunroom, and the modern kitchen features an island bench.

The main bathroom includes a separate bath and shower, and high ceilings throughout add to the sense of spaciousness. The property also boasts a new galvanized iron roof and guttering, a 2.5KW solar system to reduce electricity bills, and a 6m x 6m double garage, along with a garden shed for extra storage.

From the homely.com.au listing

Investment Stats

2023

Year of Purchase

18.6

Suburb Growth

8.5

Gross Yield

About the Suburb

Overview: Narrabri, a charming town in New South Wales, offers a close-knit community and a relaxed rural lifestyle. With a population of approximately 7,327 residents and 3,181 dwellings, Narrabri is a welcoming town with a strong sense of community.

Residential Landscape: Narrabri features a residential landscape where around 64% of residents are owner-occupiers, fostering a sense of stability and homeownership. The IQR % Median of 50% indicates a diverse range of property prices, accommodating various housing preferences. Properties in Narrabri typically spend approximately 66 days on the market (DOM), reflecting the pace of the local real estate market.

Education and Lifestyle: The ICSEA School Score of 7 suggests that Narrabri offers access to local educational facilities, although it may not have the same range of educational options as larger urban centers. The town’s rural setting provides a tranquil lifestyle with a strong connection to nature.

Property Market: Narrabri boasts a median property price of $427,000, making it an attractive choice for potential homeowners. The recent % growth rate of 18.6% indicates significant growth in property values, attracting both homebuyers and investors. Rental properties in the area offer a competitive yield of 5.9%, making it an appealing option for those seeking rental income. Specific details regarding the vacancy rate were not provided.

Market Activity: The Market Absorption rate of 9% suggests that properties in Narrabri are absorbed into the market at a steady pace.

Narrabri is a picturesque town that provides a close-knit community and a tranquil rural lifestyle. While it may have limited educational options compared to larger urban areas, its affordability, property market growth, and strong sense of community make it an appealing choice for those seeking a peaceful country lifestyle.

Narrabri today (November 2026)

Houses in Narrabri over the 12 months to October 2026 (Stash data, November 2026):

  • Median house sale price: $525,000 (97 sales)
  • 12-month change in the median: +22.4%
  • Median rent: $550 per week, a median gross rental yield of 5.5%
  • Vacancy rate: 1.0%; median days on market: 65

Stash's sales history shows no sale of 27 Denison Street since the $306,000 purchase in June 2023 covered in this case study.

In 2023 the post quoted a $427,000 median property price, and this house was advertised at $500pw for an 8.5% gross yield on its purchase price. Today the median house price is $525,000 and the median house yield is 5.5%.

See the latest figures on the Narrabri suburb page. To search current listings by rental yield and price, the way this property was found, see Find on-market deals in the Help Centre.

Narrabri suburb median chart from Stash (2023)
Suburb Median
Narrabri vacancy rate chart from Stash (2023)
Vacancy Rate
Narrabri suburb yield chart from Stash (2023)
Suburb Yield

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