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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 $1,700,000 and this has changed 13.33% over the past year and changed 13.33% over 2 years.

The median rent in Norman Park for houses is $775 per week and the median rental yield is 2.37%. Stock on the market for houses/townhouses has changed 8.00% compared to last year and the average time to sell a house/townhouse is 93 days.The median listing price for units is $772,500 and this has changed 28.75% over the past year. The average unit takes 44 days to sell and the median rent for a unit in Norman Park is $580 per week, producing a rental yield of 3.90%.

Supply & Demand in Norman Park, Brisbane

1.10%

Current vacancy rate


31

Rental stock available


6,289

Population


30.85%

Rental population


1.19%

Current vacancy rate


6,534

Rental stock available


1,131,159

Population


32.91%

Rental population


0.87%

Current vacancy rate


20,720

Rental stock available


4,703,187

Population


29.39%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Norman Park, Brisbane

  House Townhouses Units
Median listing price $1,700,000 NA $772,500
Median price change - last quarter 0.00% NA 3.00%
Median price change - 1 year 13.33% NA 28.75%
Median price change - 2 years 13.33% NA 40.45%
  House Townhouses Units
Median weekly rent $775 $750 $580
Median yield % 2.37% NA 3.90%
Median rent change - 1 year 5.44% 0.00% 5.45%
  House Units
Previous month sales 8 5
Stock on market previous month 27 12
Stock variance vs. last year 8.00% 20.00%
Average days on market 93 44

Norman Park investment property listings

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

3 Joan St, Norman Park

$0

property pic

Practical.. Stylish.. Stunning.. Spacious.. Family Living At It'

To acquire such a beautiful and modern family home that also offers a larger parcel of land is always a top priority for families wanting space and privacy. It is highly desired due to the size of new developments with small plots. If WOW factor along with a very practically designed family home ...

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rei

6

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3

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2

House

QLD 4170


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