Norman Park QLD 4170

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

$948k Median Sale Price (National Average $485k) 55th In QLD
10.17% Median Price Change (1 yr) (National Average 4.30%) 128th In QLD
$542pw Median Rent (National Average $395) 136th In QLD
3.0% Median Gross Yield (National Average 4.24%) 765th In QLD
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Properties sold 110
Average discounting -4.76%
Average Days on Market 59
Stock on Market 46 for sale

Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

Example Only
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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.

Development Permits for Houses

Building permits are provided for council approved development applications. Where the available permits contain the type of development, date of submission, the date of approval, estimated build cost, estimated development area, builder and materials listed.

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Property Prices in Norman Park


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Latest Auction Results for Norman Park as at 14 April 2019

Property Details
Sale Price
3/91 Kingsbury St
3Bed / 2Bath / Car / Unit
-
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State Auction Clearance Rates - April 2019

Auctions Clearance rate
QLD 136 39%
ACT 78 51%
NSW 929 56%
NT 5 25%
SA 150 51%
TAS 7 80%
VIC 941 52%
WA 35 26%

Local Schools


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Suburb Information

Norman Park, QLD 4170

Part of: Brisbane - Belmont Council No data available

The size of Norman Park is approximately 2.3 square kilometres. It has 9 parks covering nearly 6.7% 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 107 Houses sold in Norman Park in the past 12 months with a median sale price of $935K, up 9.04% annually. It takes on average 58 days to sell with vendor discounting of -4.93%.

Streets in Norman Park

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