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Investment Property Noranda, WA, 6062

Suburb Snapshot

Noranda is a suburb in the Bayswater Region of Western Australia. Noranda has a population of 7,975 people and 13.75% of its occupants live in rental accommodation. The median listing price for houses is $849,000 and this has changed 24.94% over the past year and changed 37.04% over 2 years.

The median rent in Noranda for houses is $750 per week and the median rental yield is 4.59%. Stock on the market for houses/townhouses has changed 16.00% compared to last year and the average time to sell a house/townhouse is 69 days.The median listing price for units is NA and this has changed NA over the past year. The average unit takes NA days to sell and the median rent for a unit in Noranda is NA per week, producing a rental yield of NA.

Supply & Demand in Noranda, Bayswater

0.42%

Current vacancy rate


14

Rental stock available


7,975

Population


13.75%

Rental population


0.66%

Current vacancy rate


219

Rental stock available


64,672

Population


27.61%

Rental population


0.61%

Current vacancy rate


7,509

Rental stock available


2,474,414

Population


23.98%

Rental population


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Statistical data for Noranda, Bayswater

  House Townhouses Units
Median listing price $849,000 $499,000 NA
Median price change - last quarter 6.25% 7.42% NA
Median price change - 1 year 24.94% 24.90% NA
Median price change - 2 years 37.04% 40.76% NA
  House Townhouses Units
Median weekly rent $750 $550 NA
Median yield % 4.59% 5.73% NA
Median rent change - 1 year 15.38% 22.22% NA
  House Units
Previous month sales 5 0
Stock on market previous month 29 0
Stock variance vs. last year 16.00% -100.00%
Average days on market 69 NA

Noranda investment property listings

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