At number 3259th in the list of Australian suburbs ordered by increase in median house value over the last year, Norseman, 6443 is in the BOTTOM 30% with a property value increase of -2.86% recorded in median house prices.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Norseman has fallen somewhat when compared to the 5 year average annual rate.
Vendor discounting in Norseman is giving property investors an average Vendor Discount of around -13.42%. This puts suburb at number 28th in WA when ranking the most discounted suburbs.
On average over the past year, suburb has had 1.33 sales per month, which equates to 16 per year.