Investment property in Norman Gardens has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 7.78%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Norman Gardens has fallen somewhat when compared to the 5 year average annual rate.
The most recent median price for Norman Gardens is $388000, with sellers offering an average of -7.78% off the asking price.
Residents and property investors in Norman Gardens have been waiting around 87.46 days to sell a property.
Advertised rents are around the $320 mark per week – giving a return of 4.29% based on the median price in Suburb
QLD has seen average median house prices change by 0.15% which means that Norman Gardens, 4701 has done well for property investors by showing a capital gain of -15.10% over the last year
The five-year average increase in median property values for Norman Gardens,4701 has given property investors a potential capital gain of -6.30% across each of those five years.
Norman Gardens, 4701’s gross rental yield is 5.55%