Norman Gardens is an average performer in QLD when comparing median price capital growth over the last year. Norman Gardens gave property investors a average capital gain figure when compared to the rest of the state, with 1.30%.
If we look at median property appreciation over just the last three months, Norman Gardens has given property investors a paper return of 5.55%. This puts Suburb as 79 on a list of fastest fasting appreciating suburbs in QLD
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.24% offered to property buyers. Sellers in Norman Gardens itself are offering an average vendor discount of -8.07% to real estate investors.
With the median price for a house in Norman Gardens being $390000 and the advertised rent reaching $330 the gross rental yield for property investors calculates out to be 4.40%
Giving property investors a a poor capital gain of -12.62% for the last year, Norman Gardens, 4701 is the 1621th highest performer in Australia in this respect.
If we look at median property appreciation over just the last three months, Norman Gardens has given property investors a paper return of -2.20%. This puts Suburb as 273 on a list of fastest fasting appreciating suburbs in QLD
Using the current median advertised rental of $270 and the average annual increase in value of a median property of 1.62%, investors should hope to achieve an overall return of 5.27%