Over the last year, property investments in Norville, 4670 have given investors a capital gain of 7.73%. This compares favourably with the 2.19% for QLD as a whole.
Across a shorter period, Norville, 4670 has seen a median price increase of 0.85% over the last quarter.
Property investors looking for a bargain in Norville should be aiming for at least -7.70% off the asking price, which is the average vendor discount being achieved at the moment.
A $285 per week rent on the median house gives suburb investors a gross yield of circa 6.25%, without taking into account capital value appreciation, which has been averaging out at -0.35%.