QLD has seen average median house prices change by 1.98% which means that Norman Gardens, 4701 has done well for property investors by showing a capital gain of -14.82% 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 -18.74% across each of those five years.
LACK OF BUYER INTEREST may well be the reason that Norman Gardens is offering property investors an average of -7.32. This rate of discount on properties puts Suburb at number 231th in terms of most discounted suburbs in QLD
A $350 per week rent on the median house gives suburb investors a gross yield of circa 5.15%, without taking into account capital value appreciation, which has been averaging out at 1.44%.
With a capital gain of -14.31% for the last 12 months, Norman Gardens, 4701 has performed for property investments than its average annual 4.71% property growth over the last 5 years.
Taking the average capital gain, or increase in median house value, Norman Gardens,4701 has racked up an average of -14.31% over the period. This ranks it number 1556th in the whole country for real estate investors looking at median house price increases.
Norman Gardens, 4701’s gross rental yield is 5.08%