Noraville

POSTAL CODE: NSW, 2263
HOUSE

Property investments in NORAVILLE did not fare well against the rest of the country last year, registering a median home price decrease of 4.16%.

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

Based on its average 5-year and quarterly capital gains NORAVILLE, 2263 saw average growth in the long term.

Real estate investors could earn a rental income of $575 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 54.5 days.

Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $913,000.

NORAVILLE ranks 536th on the list of best yielding suburbs for rental properties in NSW, posting a 3.27% return.

Surburb overview

Noraville sits along the eastern fringe of the Central Coast region of New South Wales, approximately 110 kilometres north-northeast of the Sydney central business district.

The Central Coast Council governs it and uses the postcode 2263. The suburb lies between the Pacific Ocean and the northern edges of the Tuggerah Lakes system, giving it both coastal and lakeside characteristics.

At the 2021 Census, Noraville had a population of 3,001 residents. The median age of the population was 42 years, slightly higher than the New South Wales median of 39.

Around 7.8 per cent of people identified as Aboriginal and/or Torres Strait Islander. The average household size was about 2.5 people, and the median weekly household income was approximately $1,480.

Public transport usage in Noraville is modest, with a firm reliance on private vehicles. According to planning data, around 87.9 per cent of commuters travelled to work by car, while bus and train usage were both approximately 1 per cent each. 

The suburb is served by local roads, including Wilfred Barrett Drive and is in proximity to the Pacific Highway, which links to larger regional centres.

Essential amenities for residents are accessed within Noraville and its nearby suburbs. Local shopping services, schools and medical facilities are located in the broader Toukley–Noraville area.

Land zoning shows that significant areas of the suburb are classified as R2 Environmental Living (about 46.9 per cent) and C2 Environmental Conservation (about 14.3 per cent), reflecting the area's low-density residential and natural-landscape characteristics.

Noraville’s coastal position influences recreational opportunities. The suburb provides access to beaches, lake-system foreshore walking and water-based leisure such as fishing and kayaking in nearby Tuggerah or Budgewoi Lakes. The proximity to the ocean also makes surfing and beachside recreation readily available.

In the housing market, recent data indicate a median house price of around $890,000 (for the 12 months to late 2024 and into 2025), with modest growth of about 1.9 per cent over that period. Median weekly rent for houses stands at about $570, yielding a gross rental return of approximately 3.5 per cent.

You’re out of free articles for this month
Loading form...