Norman Gardens

POSTAL CODE: QLD, 4701
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NORMAN GARDENS ranks 268th in QLD when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 13.11% for the past year is lower than average compared to its 71.92% growth within a five-year period.

This figures put the ATC suburb in the ranks of the best performing suburbs in Australia in terms of capital gains.

Also in NORMAN GARDENS, the median home price is sitting at $690,000, and the average rent at $600, this suggests property owners could potentially earn a 4.52% increase in gross rental yield.

Property investors have seen a 1.49% gain in NORMAN GARDENS based on an increase in median home prices for the past three months.

They believe that homeowners and real estate investors betting on NORMAN GARDENS, 4701 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 13.11%.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 6.19% growth over a ten-year period. It ranks 2556th on our list of suburbs that property investors should look into.

Surburb overview

Just seven kilometres from central Rockhampton, approximately 10,000 residents call Norman Gardens home. The area, which is characterised by a large population of low-set brick homes, also boasts a Central Queensland University campus on the town’s edge, which increases the region’s appeal to students and education employees alike.

Nestled against the Bruce Highway and near the Fitzroy Highway, Norman Gardens is noted for its family-friendly atmosphere, supported by strong modern amenities and convenient access to the Rockhampton city centre. The region is also a short drive from Yeppoon, which acts as the coastal gateway to the Great Barrier Reef and the wider Capricorn Coast.

With the wider region accommodating more than 27,000 international visitors in the five years to 2022, Norman Garden is a popular base for local visitors to extend themselves into the wider, pristine natural landscape, which includes Mount Archer National Park and Mount Archer State Forest.

Alongside a wider variety of commercial premises, which offer current and prospective tenants steady employment, and a strong residential real estate market underpinned by relative affordability, strong rental returns and capital growth, Norman Gardens’ family-friendly appeal is further boosted by its private and Catholic school offerings.

The Rockhampton Region Planning Scheme stipulates a number of development opportunities, outlining provisions to guide and support the region’s future growth and the area’s population growth. The key to this is the Rockhampton Ring Road project, a long-term project heralded as unlocking future economic growth and delivering significant improvements, notably improved flood resilience, within the region.

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