If you compare the increase in value of investment property in Normanhurst, 2076 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 8.79%.
While Normanhurst,2076 ranked number 532th in NSW for increase in median house value (annualised) increase, it is ranked 410th over the last 5 years.
Our latest figures would indicate that property sellers in Normanhurst are currently offering property investors an average price cut of -5.68% below the asking price at the moment.
Often selling an investment property can take time, and in Normanhurst the average time real estate has been on the market is 27.29 days.
With the median price for a house in Normanhurst being $1300000 and the advertised rent reaching $660 the gross rental yield for property investors calculates out to be 2.64%
NSW has seen average median house prices change by 7.74% which means that Normanhurst, 2076 has done well for property investors by showing a capital gain of 16.63% over the last year
Normanhurst,2076 has offered an average of 16.63% return per annum in house price rises to property investors over the last three years.
The NSW suburb of Normanhurst, 2076 is in the Hornsby local government area.