Noranda, 6062 ranked 212th 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 181th in WA.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Noranda, 6062. Typically our figures indicate that -7.28% is being offered, which puts this WA suburb at 996th most discounted overall in Australia.
On average over the past year, suburb has had 6.42 sales per month, which equates to 77 per year.
Noranda is 269th on a list of best yielding suburbs for rents in WA with a 3.80% return
Property value increases in Noranda have tracked just lower than the WA average of -4.19% over the last 12 months.
Noranda,6062 was ranked 1455 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Noranda is offering property investors an average of -8.73. This rate of discount on properties puts Suburb at number 51th in terms of most discounted suburbs in WA
Renters in Suburb are facing rents around $3480 per annum or $290 every week.