Norseman

A 35.71% increase in median property prices in NORSEMAN, 6443 has allowed this suburb to join the ranks of best performing suburbs in WA, settling at number 1st.

A steady increase in median property prices over a five-year period in the suburb translates to a 35.71% capital gain.

It also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $47,500

The augmented property values in the suburb are trailing above the territorial average of -1.79% in 2016.

Home owners selling their properties and realtors in NORSEMAN usually have to wait an average of 0.0 days days before their assets are lifted off the market.

The WA suburb ranks 446th on the list of best yielding suburbs for rental properties in WA, posting a 0% return.

It also places places 70th in Australia based on median property value growth during the quarter.