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Investment Property Norman Park, QLD, 4170

Suburb Snapshot

Norman Park is a suburb in the Brisbane Region of Queensland. Norman Park has a population of 6,289 people and 30.85% of its occupants live in rental accommodation. The median listing price for houses is $1,750,000 and this has changed 16.66% over the past year and changed 19.65% over 2 years.

The median rent in Norman Park for houses is $765 per week and the median rental yield is 2.27%. Stock on the market for houses/townhouses has changed 13.64% compared to last year and the average time to sell a house/townhouse is 107 days.The median listing price for units is $775,000 and this has changed 26.53% over the past year. The average unit takes 51 days to sell and the median rent for a unit in Norman Park is $580 per week, producing a rental yield of 3.89%.

Supply & Demand in Norman Park, Brisbane

1.03%

Current vacancy rate


29

Rental stock available


6,289

Population


30.85%

Rental population


1.15%

Current vacancy rate


6,310

Rental stock available


1,131,159

Population


32.91%

Rental population


0.87%

Current vacancy rate


20,766

Rental stock available


4,703,187

Population


29.39%

Rental population


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Statistical data for Norman Park, Brisbane

  House Townhouses Units
Median listing price $1,750,000 NA $775,000
Median price change - last quarter 0.00% NA 3.00%
Median price change - 1 year 16.66% NA 26.53%
Median price change - 2 years 19.65% NA 35.37%
  House Townhouses Units
Median weekly rent $765 $750 $580
Median yield % 2.27% NA 3.89%
Median rent change - 1 year 3.37% 0.00% 6.42%
  House Units
Previous month sales 4 3
Stock on market previous month 25 14
Stock variance vs. last year 13.64% 7.69%
Average days on market 107 51

Norman Park investment property listings

Showing 1 of 1 investment properties found in Norman Park on realestateinvestar.com.au

102 McIlwraith Ave, Norman Park

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property pic

Exquisite four-bedroom prestige home with swimming pool and gran

Discover an exquisite blend of elegance and functionality at 102 McIlwraith Avenue, Norman Park, offering a prestigious lifestyle in one of Brisbane's most desirable locations. This stunning residence perfectly encapsulates luxury family living with its spacious design and premium features, set ...

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5

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3

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4

House

QLD 4170


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