Statistically Speaking ......
The property price index in the area for July to Sept 2013 was $368,000 based on 122 government verified sales. This represents a 4.8% increase when compared to the same period last year.
In addition to this, compared to the same period last year, there was an increase of 5.2% in the number of properties sold from 116 to 122 recorded government verified sales.
There are currently 121 properties for sale and 18 listings for rent in Narangba.
The median list price for the week ended 17/02/14 was $425,900, down by 0.93%.
The median sold price for the quarter ended 31/12/13 was $415,000, up by 3.88%.
73 properties have been sold in Narangba since November 2013.
Information sourced from onthehouse.com.au
Narangba Market Stats Snapshot
Narangba Valley State School
Narangba is q quiet, family suburb with a wide range of new and established housing. There is a choice of traditional chamferboard and fibro homes in the older parts of the suburb and brand new properties in Forest Ridge and Norfolk Lakes estates, both well established with ongoing stages being released onto the market. If you're looking for a touch of the rural lifestyle, acreage and larger home blocks can still be found on the suburb's fringe. Narangba has traditionally been attractive to families, young couples and retirees.
There are several primary schools in the suburb and a high school is located in nearby Dakabin. Major colleges located in adjoining suburbs include the North Brisbane Adventist College, Shaftsbury Citizenship Campus and Kolbe Catholic College.
There are regular citytrain services to the Brisbane CBD and the suburb is well serviced by shopping centres located in nearby North Lakes and Morayfield.
Still quite a green suburb, Narangba is dotted with parklands and sporting fields; Narangba Sporting Complex, Narangba Sports and Recreation Ground, Dumcombe Park and Gecko Gully Park.
Narangba has been named from an Aboriginal word meaning 'small place'.