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Norman Gardens
AREA REPORTS

Norman Gardens

Norman Gardens - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4701

house
unit
NORMAN GARDENS ranks 736th in QLD when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 4.68% for the past year is higher than average compared to its 3.89% growth within a five-year period.

Also in NORMAN GARDENS, the median home price is sitting at $413,500, and the average rent at $450, this suggests property owners could potentially earn a 5.66% increase in gross rental yield.

Property investors have seen a -0.36% drop in NORMAN GARDENS based on a decrease in median home prices for the past three months.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a -0.39% decrease over a ten-year period. It ranks 4665th on our list of suburbs that property investors should look into.

Data report can be found below

Norman Gardens
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $413,500 $258,500
GROWTH REPORT
Median Quarterly -0.36% 9.07%
Median 12 month 4.68% 17.5%
Median 3 years 2.73% -0.96%
Median 5 years 3.89% -7.68%
10 years average annual -0.39% 0.7%
Weekly media advert. rent $450 $310
Time on Market 48.2 days 75.6 days
Gross Rental Yield Percent 5.66% 6.24%
demographics (median values)*
Total Population
7586
Weekly Household Income
1098
Household Size
2.70
Age
32
Monthly Loan Repayment
1150
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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