With a capital gain of -9.52% for the last 12 months, Noranda, 6062 has performed for property investments than its average annual 2.57% property growth over the last 5 years.
Across a shorter period, Noranda, 6062 has seen a median price increase of -2.06% over the last quarter.
Property buyers and investors in Noranda 6062 should be seeing an average reduction in asking price of around -9.12% . This means that Noranda is holding prices well when compared to other suburbs in WA.
Advertised rents are around the $410 mark per week – giving a return of 3.74% based on the median price in Suburb
WA has seen average median house prices change by -3.64% which means that Noranda, 6062 has not done well for property investors by showing a capital gain of -9.93% over the last year
A 8.23% growth in median value for property investors in Noranda,6062 puts this suburb at number 84th in terms of best performing suburbs in WA
At number 19th of WA’s most discounted properties, Noranda is in the bottom 20% of the state/territory when listing in order of most discounted to least.
The WA suburb of Noranda, 6062 is in the Bayswater local government area.