Over the last year, property investments in Norman Gardens, 4701 have given investors a capital gain of -5.25%. This compares very badly with the 0.78% for QLD as a whole.
While Norman Gardens,4701 ranked number 715th in QLD for increase in median house value (annualised) increase, it is ranked 619th over the last 5 years.
At number 161th 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.
Residents and property investors in Norman Gardens have been waiting around 109.748 days to sell a property.
Situated 524.13km from the CBD, Norman Gardens is one of Rockhampton (R) localities in the postcode 4701.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Norman Gardens has fallen somewhat when compared to the 5 year average annual rate.
Vendor discounting in Norman Gardens is giving property investors an average Vendor Discount of around -7.81%. This puts suburb at number 44th in QLD when ranking the most discounted suburbs.