Property investors who have had real estate in Norville, 4670 should be relatively unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -8.94%
Norville,4670 has offered an average of -8.94% return per annum in house price rises to property investors over the last three years.
Property investors looking for a bargain in Norville should be aiming for at least -7.22% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 2.75 sales per month, which equates to 33 per year.
A $290 per week rent on the median house gives suburb investors a gross yield of circa 7.05%, without taking into account capital value appreciation, which has been averaging out at -1.21%.