2. QLD
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Houses Units

Here you can find what you need to know about Norman Park, QLD, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$1.5M Median Sale Price (National Average $485k) 93rd In QLD
6.43% Median Sale Price Change (1yr) (National Average 4.30%) 740th In QLD
$800pw Median Rent (National Average $395) 93rd In QLD
2.8% Median Gross Yield (National Average 4.24%) 677th In QLD
Properties sold 88
Average discounting -7.02%
Average Days on Market 49
Stock on Market 47 for sale

Investment Strategy Scores

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Norman Park, QLD National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Norman Park, QLD National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Norman Park, QLD National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Property Prices in Norman Park


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State Auction Clearance Rates


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Local Schools


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Suburb Information

Norman Park, QLD 4170

Part of: Brisbane Council No data available

The size of Norman Park is approximately 2.3 square kilometres. It has 14 parks covering nearly 13.8% of total area. The population of Norman Park in 2011 was 6,002 people. By 2016 the population was 6,269 showing a population growth of 4.4% in the area during that time. The predominant age group in Norman Park is 30-39 years. Households in Norman Park are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Norman Park work in a professional occupation. In 2011, 61% of the homes in Norman Park were owner-occupied compared with 62% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Norman Park

Demographic data provided
by Australian Bureau of Statistics

Market Trends for Norman Park   for Houses in last 12 months


There have been 88 Houses sold in Norman Park in the past 12 months with a median sale price of $1.5M, up 6.4% annually. It takes on average 31 days to sell with vendor discounting of -7.0%.

Others also viewed

Suburb Median Sale Price Change (1yr) Median Sale Price Median Rent Median Gross Yield
Camp Hill QLD, 4152 22.67% $1,710,000 $780pw 2.4% View Suburb Profile
Bulimba QLD, 4171 2.32% $1,872,500 $900pw 2.5% View Suburb Profile
Coorparoo QLD, 4151 18.22% $1,590,000 $678pw 2.2% View Suburb Profile
Normanhurst NSW, 2076 7.02% $1,945,000 $815pw 2.2% View Suburb Profile
East Brisbane QLD, 4169 12.15% $1,435,500 $800pw 2.9% View Suburb Profile
Hawthorne QLD, 4171 12.90% $2,100,000 $995pw 2.5% View Suburb Profile

Currency

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