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Median values are calculated based on data over a 12 month period.

Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government.
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Market Report

Norwood has 70 houses available for sale. The median property price for a house is currently 595,000 with annual capital growth of -7.75 . There were 57 house sales in the past 12 months. On average, houses spend 35 days on market.

If you're thinking about buying an investment property in Norwood, consider that rental yields for houses are currently 4.49 with an average median rent of 490 weekly. Houses have seen 0.42 growth in the past quarter, and -7.75 growth in the past 12 months.

The size of Norwood is approximately 3.7 square kilometres. It has 10 parks covering nearly 6% of total area. The population of Norwood in 2011 was 3,794 people. By 2016 the population was 3,757 showing a population decline of 1.0% in the area during that time. The predominant age group in Norwood is 60-69 years.

Households in Norwood are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Norwood work in a professional occupation. In 2011, 78.5% of the homes in Norwood were owner-occupied compared with 77.2% in 2016.

Norwood has 8 units available for sale. There were 6 unit sales in the past 12 months.

If you're thinking about buying an investment property in Norwood, consider that rental yields for units are currently 5.37 with an average median rent of 410 weekly.

The size of Norwood is approximately 3.7 square kilometres. It has 10 parks covering nearly 6% of total area. The population of Norwood in 2011 was 3,794 people. By 2016 the population was 3,757 showing a population decline of 1.0% in the area during that time. The predominant age group in Norwood is 60-69 years.

Households in Norwood are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Norwood work in a professional occupation. In 2011, 78.5% of the homes in Norwood were owner-occupied compared with 77.2% in 2016.

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Key Market Data House Unit
Median price 595,000
Quarterly growth +0.42
12-month growth -7.75
Average annual growth +10.57
Weekly median rent 490 410
Gross rental yield 4.49 5.37
Number of Sales (12m) 57 6
Avg. Days on Market (12m) 35
Jump to Market Trends
Key Demographics 2011 2016
Total population 3,794 3,757
Population change (5y) +0.88 -1.00
Median household income (p/w) 1,107 1,243
Household income change (5y) +9.06 +12.29
Median age of persons 47 47
Jump to Demographics Trends
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