At number 3672th in the list of Australian suburbs ordered by increase in median house value over the last year, Noranda, 6062 is in the BOTTOM 20% with a property value increase of -7.78% recorded in median house prices.
Over the longer term, Noranda has seen property prices show investors a -3.09% return over the last 3 years. This is worse than over the last 12 months
Vendor discounting in Noranda is giving property investors an average Vendor Discount of around -8.49%. This puts suburb at number 132th in WA when ranking the most discounted suburbs.
On average over the past year, suburb has had 6.67 sales per month, which equates to 80 per year.
Renters in Suburb are facing rents around $5040 per annum or $420 every week.