Property value increases in Noraville have tracked just higher than the NSW average of 6.38% over the last 12 months.
Noraville,2263 was ranked 2023 in Australia by increase in median property value over the quarter.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.50% offered to property buyers. Sellers in Noraville itself are offering an average vendor discount of -4.82% to real estate investors.
A $380 per week rent on the median house gives suburb investors a gross yield of circa 4.05%, without taking into account capital value appreciation, which has been averaging out at 5.57%.