WA has seen average median house prices change by -5.20% which means that Noranda, 6062 has not done well for property investors by showing a capital gain of -8.33% over the last year
The five-year average increase in median property values for Noranda,6062 has given property investors a potential capital gain of 11.06% across each of those five years.
Property buyers and investors in Noranda 6062 should be seeing an average reduction in asking price of around -9.38% . This means that Noranda is holding prices well when compared to other suburbs in WA.
Using the current median advertised rental of $420 and the average annual increase in value of a median property of 2.22%, investors should hope to achieve an overall return of 3.78%