Giving property investors a an unimpressive capital gain of 0.00% for the last year, Norman Gardens, 4701 is the 2965th highest performer in Australia in this respect.
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.
Sellers are offering property buyers an average discount of -8.36% to buyers in Norman Gardens at the moment, which is less than average for the rest of QLD.
In the last year 121 properties changed hands in Norman Gardens, which puts it as the 180th most active market in QLD when comparing the number of sales per suburb.
Advertised rents are around the $330 mark per week – giving a return of 4.46% based on the median price in Suburb
Property value increases in Norman Gardens have tracked lower than the QLD average of 0.48% over the last 12 months.
A -6.80% growth in median value for property investors in Norman Gardens,4701 puts this suburb at number 345th in terms of best performing suburbs in QLD
Situated 522.37km from the CBD, Norman Gardens is one of Rockhampton localities in the postcode 4701.