SA/
Norwood

Suburb Profile

Norwood - FREE SUBURB PROFILE REPORT
POSTAL CODE: SA,5067

house
unit

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

This number can mean, real estate investors could earn a rental income of $500 based on current median home prices for the suburb.

On average, rents on listings have reached the $500 mark, reflecting a 3.05% increase in returns based on the current median price in NORWOOD.

NORWOOD, 5067 ranks 360th in SA in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 358th on the list of best yielding suburbs for rental properties in SA, posting a 3.05% return.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $851,500 $524,500
GROWTH REPORT
Median Quarterly 2.28% 3.86%
Median 12 month -2.55% 3.86%
Median 3 years 6.44% 8.14%
Median 5 years 22.52% 7.53%
10 years average annual 5.29% 4.4%
Weekly media advert. rent $500 $365
Time on Market 91.1 days 41.4 days
Gross Rental Yield Percent 3.05% 3.62%
demographics (median values)
Total Population
5705
Weekly Household Income
1052
Household Size
2.00
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