With a capital gain of 1.37% for the last 12 months, Noranda, 6062 has performed for property investments than its average annual 0.66% property growth over the last 5 years.
While Noranda,6062 ranked number 80th in WA for increase in median house value (annualised) increase, it is ranked 183th over the last 5 years.
LACK OF BUYER INTEREST may well be the reason that Noranda is offering property investors an average of -8.15. This rate of discount on properties puts Suburb at number 285th in terms of most discounted suburbs in WA
Advertised rents are around the $420 mark per week – giving a return of 3.70% based on the median price in Suburb
Noranda, 6062 ranked 58th in WA when comparing growth in median property values or capital gain over the last 12 months. Noranda is one of 1662 in our list for WA
When looking at the potential capital gains offered to property investors over the last 3 years, Noranda comes in at number 68th in WA.
Noranda6062 is located in WA which offers an average discount of -8.93% to property investors. Noranda itself is showing figures that indicate -7.36% is the average achievable by property buyers investing in the suburb.
The WA suburb of Noranda, 6062 is in the Bayswater local government area.