REDBANK PLAINS 
1 MIN READNew Government Should Change The Conversation About Investing: PIPA
The Property Investment Professionals of Australia (PIPA) has issued a firm call to the new government: prioritise the r...
Read More
Norah HeadNorah Head - SUBURB PROFILE REPORT
SHARE 
NORAH HEAD, 2263 ranks 74th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 56.36% for property investors.
Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.
The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $1,505,000.
The upward trend in home prices in NORAH HEAD, 2263 averaged 19.88% per annum over a 3-year period.
Average weekly rents on listings have reached the $480 mark, reflecting a 1.66% increase in returns based on the current median price in NORAH HEAD.
An average of 1 real estate transactions take place per month in NORAH HEAD which translates to 12 per annum.
12 properties were sold in NORAH HEAD in 2016, making it the 1384th most active market in NSW based on total real estate transactions.
NORAH HEAD, 2263 places 961st in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,505,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 4.15% | N/A |
| Median 12 month | 56.36% | N/A |
| Median 3 years | 59.64% | N/A |
| Median 5 years | 83.54% | N/A |
| 10 years average annual | 13.41% | N/A |
| Weekly media advert. rent | $480 | N/A |
| Time on Market | 0.0 days | N/A |
| Gross Rental Yield Percent | 1.66% | N/A |
Get notifications in real-time for staying up to date with content that matters to you.
Copyright © 2021 Smart Property Investment
