AREA REPORTS

Normanhurst

Suburb Profile

Normanhurst - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2076

house
unit

Property investors enjoyed capital gains of 3.3% over the last 12 months in NORMANHURST, translating to lower returns compared with its peers in NSW.

Figures from the previous quarter show that capital gains for real estate buyers in NORMANHURST are low, as opposed to average gains per annum over the past five years.

The suburb posted a 41.2% growth in median prices over a three-year period. This is considerably higher than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of $630 based on current median home prices for the suburb.

On average, rents on listings have reached the $630 mark, reflecting a 2.32% increase in returns based on the current median price in NORMANHURST.

NORMANHURST, 2076 ranks 745th in NSW in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 1078th on the list of best yielding suburbs for rental properties in NSW, posting a 2.32% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,410,000 $862,500
GROWTH REPORT
Median Quarterly 0.36% -7.56%
Median 12 month 3.3% -11.67%
Median 3 years 41.2% 10.58%
Median 5 years 88% 40.24%
10 years average annual 8.72% 6.52%
Weekly media advert. rent $630 $637.5
Time on Market 67.4 days 0.0 days
Gross Rental Yield Percent 2.32% 3.84%
demographics (median values)
Total Population
4788
Weekly Household Income
1468
Household Size
2.70
demographics
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