Suburb Profile Report for Norman Gardens QLD (4701)

Norman Gardens House: Median price $386,000, Annual capital growth 1.16%, Number of sales 133, Weekly median advertised rent $320

Norman Gardens Unit: Median price $267,000, Annual capital growth 1.50%, Number of sales 10, Weekly median advertised rent $265

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Norman Gardens, 4701 ranked 220th in QLD when comparing growth in median property values or capital gain over the last 12 months. Norman Gardens is one of 2415 in our list for QLD

A -5.28% growth in median value for property investors in Norman Gardens,4701 puts this suburb at number 743th in terms of best performing suburbs in QLD

Vendor discounting in Norman Gardens is giving property investors an average Vendor Discount of around -7.95%. This puts suburb at number 216th in QLD when ranking the most discounted suburbs.

Norman Gardens, 4701’s gross rental yield is 4.31%

If you compare the increase in value of investment property in Norman Gardens, 4701 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -4.13%.

Comparing Norman Gardens,4701 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period

Advertised rents are around the $265 mark per week – giving a return of 5.16% based on the median price in Suburb

Metrics i HOUSE UNIT
$386,000 $267,000
-3.26% 5.53%
7.67% -4.13%
1.16% 1.50%
$320 $265
133 10
4.31% 5.16%
88.94 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Balanced (U)
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Demographics
Total population 8430
Median household income ($/weekly) 1448
Median age of persons 34
Median housing loan repayment ($/monthly) 1800
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 1179 14.0
    25-34 years 1205 14.3
    35-44 years 1155 13.7
    45-54 years 1155 13.7
    55-64 years 870 10.3
    Others 2867 34.0
    Age Group
    Census Count Percent(%)
    Registered Married 2988 51.9
    Not Married 2176 37.8
    Defacto Relationship 598 10.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 6846 86.8
    Indonesia 101 1.3
    Papua New Guinea 127 1.6
    United Kingdom 125 1.6
    Other 272 3.4
    Others 415 5.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 96 1.3
    Christianity 5948 77.7
    Hinduism 104 1.4
    Islam 78 1.0
    No Religion 1389 18.1
    Others 45 0.6
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 235 9.2
    $800-$999 215 8.4
    $1,500-$1,999 386 15.1
    $2,000-$2,499 313 12.3
    $2,500-$2,999 223 8.7
    Others 1180 46.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2837 45.8
    Not in the labour force 1813 29.3
    Employed, worked part-time 1119 18.1
    Employed, away from work 251 4.1
    Unemployed, looking for work 175 2.8
    Person Characteristics
  • Census Count Percent(%)
    Professionals 809 19.2
    Technicians & trades workers 697 16.6
    Clerical & administrative workers 704 16.7
    Sales 438 10.4
    Labourers 415 9.9
    Others 1141 27.1
    Occupation
    Census Count Percent(%)
    Pre-school 85 4.4
    Infants/Primary 768 39.3
    Secondary 506 25.9
    Technical or Further Educational Institution 152 7.8
    University or other Tertiary Institutions 388 19.9
    Others 55 2.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6866 89.5
    Flat, unit or apartment 417 5.4
    Semi-detached, row or terrace house, townhouse 361 4.7
    Caravan, cabin, houseboat 25 0.3
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1073 37.6
    Rented 935 32.7
    Fully owned 839 29.4
    Other tenure type 9 0.3
    Tenure Type
Census 2011, ABS
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