With a capital gain of -0.77% for the last 12 months, Norman Gardens, 4701 has performed for property investments than its average annual 1.73% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, Norman Gardens has given property investors a paper return of 5.75%. This puts Suburb as 61 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 -7.32% offered to property buyers. Sellers in Norman Gardens itself are offering an average vendor discount of -8.33% to real estate investors.
At number 2240 in a list of fastest selling suburbs, Norman Gardens is just in the bottom half of suburbs in Australia with an average of days on market 90.27 for properties listed there.
At number 1667th in the list of Australian suburbs ordered by increase in median house value over the last year, Norman Gardens, 4701 is in the BOTTOM 10% with a property value increase of -16.72% recorded in median house prices.
While Norman Gardens,4701 ranked number 319th in QLD for increase in median house value (annualised) increase, it is ranked 237th over the last 5 years.
In the last year 12 properties changed hands in Norman Gardens, which puts it as the 362th most active market in QLD when comparing the number of sales per suburb.