The suburb’s capital gain of 3.59% for the past year is higher than average compared to its 0.39% growth within a five-year period.
Also in NORMAN GARDENS, the median home price is sitting at $390,000, and the average rent at $310, this suggests property owners could potentially earn a 4.13% increase in gross rental yield.
Property investors have seen a 1.17% gain in NORMAN GARDENS based on an increase 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 0.42% growth over a ten-year period. It ranks 3748th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||3.59%||N/A|
|Median 3 years||-1.27%||N/A|
|Median 5 years||0.39%||N/A|
|10 years average annual||0.42%||N/A|
|Weekly media advert. rent||$310||N/A|
|Time on Market||91.8 days||N/A|
|Gross Rental Yield Percent||4.13%||N/A|