Suburb Profile Report for Norseman WA (6443)

Norseman House: Median price $30,000, Annual capital growth 3.12%, Number of sales 28, Weekly median advertised rent N/A

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Expert Report

With a capital gain of -28.57% for the last 12 months, Norseman, 6443 has performed for property investments than its average annual 3.12% property growth over the last 5 years.

Norseman,6443 was ranked 470 in Australia by increase in median property value over the quarter.

At number 3rd of WA’s most discounted properties, Norseman is in the bottom 10% of the state/territory when listing in order of most discounted to least.

On average over the past year, suburb has had 2.33 sales per month, which equates to 28 per year.

Information supplied by:


May 2017

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The suburb of Norseman is situated in the last Western Australian town before the border of South Australia. In the past couple of years, house prices have fallen considerably to reach a median value of less than $100,000.Full summary

The suburb of Norseman is situated in the last Western Australian town before the border of South Australia. In the past couple of years, house prices have fallen considerably to reach a median value of less than $100,000.

It is primarily supported by the mining and tourism industries. While the mining downturn could account for Norseman’s decline, tourists may help keep the suburb afloat. Popular sites include the Beacon Hill Lookout, Woodlands Walk and Mount Jimberlana.

Nonetheless, residents still have the convenience of a local high school, a shopping district, a hospital and a business area, which could help reinvigorate the suburb’s appeal. Although Perth is a considerable distance away, buses run through the suburb all the way to the capital.


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Metrics i HOUSE UNIT
$30,000 N/A
7.14% N/A
-28.57% N/A
3.12% N/A
N/A N/A
28 N/A
N/A N/A
106.9 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Above average (U)
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Demographics
Total population 779
Median household income ($/weekly) 1051
Median age of persons 39
Median housing loan repayment ($/monthly) 660
Average household size 2.1
  • Census Count Percent(%)
    5-14 years 108 13.9
    25-34 years 105 13.5
    35-44 years 115 14.8
    45-54 years 102 13.1
    55-64 years 94 12.1
    Others 252 32.5
    Age Group
    Census Count Percent(%)
    Not Married 219 45.2
    Registered Married 173 35.7
    Defacto Relationship 92 19.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 527 76.9
    Papua New Guinea 48 7.0
    South Africa 13 1.9
    United Kingdom 36 5.3
    Other 28 4.1
    Others 33 4.8
    Country of Birth
    Census Count Percent(%)
    Christianity 407 64.3
    No Religion 203 32.1
    Buddhism 10 1.6
    Islam 7 1.1
    Other Religious Groups 6 0.9
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 40 15.9
    $400-$599 26 10.3
    $800-$999 19 7.5
    $1,500-$1,999 24 9.5
    $2,500-$2,999 38 15.1
    Others 105 41.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 211 40.0
    Not in the labour force 187 35.5
    Employed, worked part-time 80 15.2
    Employed, away from work 25 4.7
    Unemployed, looking for work 24 4.6
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 44 13.8
    Community & personal service workers 42 13.2
    Clerical & administrative workers 33 10.4
    Machinery operators & drivers 72 22.6
    Labourers 47 14.8
    Others 80 25.2
    Occupation
    Census Count Percent(%)
    Infants/Primary 62 53.9
    Secondary 24 20.9
    Pre-school 12 10.4
    Technical or Further Educational Institution 11 9.6
    University or other Tertiary Institutions 6 5.2
    Others 0 0.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 633 96.5
    Semi-detached, row or terrace house, townhouse 12 1.8
    Caravan, cabin, houseboat 8 1.2
    House or flat attached to a shop, office 3 0.5
    Flat, unit or apartment 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 117 41.5
    Rented 103 36.5
    Being purchased 59 20.9
    Other tenure type 3 1.1
    Tenure Type
Census 2011, ABS
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