With a capital gain of -5.33% for the last 12 months, Noranda, 6062 has performed for property investments than its average annual -0.50% property growth over the last 5 years.
While Noranda,6062 ranked number 252th in WA for increase in median house value (annualised) increase, it is ranked 343th over the last 5 years.
Our latest figures would indicate that property sellers in Noranda are currently offering property investors an average price cut of -7.37% below the asking price at the moment.
The WA suburb of Noranda, 6062 is in the Bayswater (C) local government area.
WA has seen average median house prices change by -4.63% which means that Noranda, 6062 has not done well for property investors by showing a capital gain of -10.39% over the last year
Comparing Noranda,6062 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
Property investors should expect to get $290 weekly from the median priced house in this suburb.