At number 2563th in the list of Australian suburbs ordered by increase in median house value over the last year, Norman Gardens, 4701 is in the BOTTOM 40% with a property value increase of 7.89% recorded in median house prices.
The five-year average increase in median property values for Norman Gardens,4701 has given property investors a potential capital gain of 6.49% across each of those five years.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.00% offered to property buyers. Sellers in Norman Gardens itself are offering an average vendor discount of -4.41% to real estate investors.
Residents and property investors in Norman Gardens have been waiting around 67.3451 days to sell a property.
Norman Gardens is 274th on a list of best yielding suburbs for rents in QLD with a 5.07% return
Property investors who have had real estate in Norman Gardens, 4701 should be 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 -10.68%
While Norman Gardens,4701 ranked number 102th in QLD for increase in median house value (annualised) increase, it is ranked 329th over the last 5 years.
At number 65th of QLD’s most discounted properties, Norman Gardens is in the bottom 30% of the state/territory when listing in order of most discounted to least.
In the last year 23 properties changed hands in Norman Gardens, which puts it as the 281th most active market in QLD when comparing the number of sales per suburb.
Property investors should expect to get $280 weekly from the median priced house in this suburb.