Hover over Tap a data point to see when it was last updated.

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.
About this data  

Market Report

Noranda has 87 houses available for sale. The median property price for a house is currently 765,000 with annual capital growth of 9.29 . There were 83 house sales in the past 12 months. On average, houses spend 8 days on market.

If you're thinking about buying an investment property in Noranda, consider that rental yields for houses are currently 4.52 with an average median rent of 730 weekly. Houses have seen 4.79 growth in the past quarter, and 9.29 growth in the past 12 months.

The size of Noranda is approximately 4.9 square kilometres. It has 27 parks covering nearly 27.9% of total area. The population of Noranda in 2011 was 8,078 people. By 2016 the population was 7,955 showing a population decline of 1.5% in the area during that time. The predominant age group in Noranda is 60-69 years.

Households in Noranda are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Noranda work in a professional occupation. In 2011, 82% of the homes in Noranda were owner-occupied compared with 82.1% in 2016.

Noranda has 32 units available for sale. The median property price for a unit is currently 450,000 with annual capital growth of 25.00 . There were 23 unit sales in the past 12 months. On average, units spend 6 days on market.

If you're thinking about buying an investment property in Noranda, consider that rental yields for units are currently 5.76 with an average median rent of 550 weekly. Units have seen 4.65 growth in the past quarter, and 25.00 growth in the past 12 months.

The size of Noranda is approximately 4.9 square kilometres. It has 27 parks covering nearly 27.9% of total area. The population of Noranda in 2011 was 8,078 people. By 2016 the population was 7,955 showing a population decline of 1.5% in the area during that time. The predominant age group in Noranda is 60-69 years.

Households in Noranda are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Noranda work in a professional occupation. In 2011, 82% of the homes in Noranda were owner-occupied compared with 82.1% in 2016.

$suburbContentType.expertReport

Looking to invest or refinance? Compare investor loans or SMSF loans

Key Market Data House Unit
Median price 765,000 450,000
Quarterly growth +4.79 +4.65
12-month growth +9.29 +25.00
Average annual growth +8.66 +12.75
Weekly median rent 730 550
Gross rental yield 4.52 5.76
Number of Sales (12m) 83 23
Avg. Days on Market (12m) 8 6
Jump to Market Trends
Key Demographics 2011 2016
Total population 8,078 7,955
Population change (5y) -1.86 -1.50
Median household income (p/w) 1,415 1,533
Household income change (5y) +17.82 +8.34
Median age of persons 42 44
Jump to Demographics Trends
Advertisement

Looking to invest or refinance?

Get notified when our data is updated.

By subscribing you agree to our privacy policy.

Disclaimers

This publication contains data and statistics provided by the Australian Bureau of Statistics, available at http://www.abs.gov.au/ and reproduced under Creative Commons Attribution 2.5 http://creativecommons.org/licenses/by/2.5/au/legalcode.

The CoreLogic Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While CoreLogic uses commercially reasonable efforts to ensure the CoreLogic Data is current, CoreLogic does not warrant the accuracy, currency or completeness of the CoreLogic Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the CoreLogic Data.

Information contained within this product includes or is derived from the location information data licensed from Western Australian Land Information Authority (WALIA) (2024) trading as Landgate. Copyright in the location information data remains with WALIA. WALIA does not warrant the accuracy or completeness of the location information data or its suitability for any particular purpose.

This publication reproduces materials and content owned or licenced by RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic) and may include data, statistics, estimates, indices, photographs, maps, tools, calculators (including their outputs), commentary, reports and other information (CoreLogic Data).

© Copyright 2024. CoreLogic and its licensors are the sole and exclusive owners of all rights, title and interest (including intellectual property rights) the CoreLogic Data contained in this publication. All rights reserved.

Product Data licenced by CoreLogic under a Creative Commons Attribution licence. For details regarding licence, data source, copyright and disclaimers, see https://www.corelogic.com.au/aboutus/thirdpartyrestrictions

Suburb borders rendered using geocodes provided by Openstreetmap.

Compare Investor Loans
Find a great rate for your investment property
SMSF Icon
Need help with an SMSF home loan?
Speak to an SMSF lending specialist