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Norah Head, NSW 2263

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Tight Rental Market

Median House

$1,565,000

market range $1.5M-$1.8M

Median Unit

$1,175,000

market range $725K-$1.2M

Gross Yield (houses)

2.5%

1yr Growth (houses)

+3.2%

market range -2.5% to +10.0%

Investment snapshot for Norah Head

Norah Head has enough public data for first-pass screening across yield, vacancy, price and supply signals.

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Norah Head market and investor summary

In Norah Head, NSW 2263, the median house sells for around $1.6M, on a gross rental yield of 2.5% for houses. House prices have moved +3.2% over the past year. At 0.3% vacancy, it is a tight rental market that favours landlords.

For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 2.5% will not cover holding costs in the early years, so the case leans on price appreciation. Rental demand looks steady, with vacancy at 0.3% and a resident base that is not shrinking. Houses also take time to sell, around 97 days on market, so plan for a slower exit if you ever need one.

Living in Norah Head: people, income and schools

Norah Head has a resident population of roughly 1,149, a number that has held fairly steady over five years. At a median age of 51, it reads as an older, established demographic, and 80% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.

The typical household income runs to around $89,000 a year (about $1,710 a week). On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (1 out of 10). At current prices a median house runs to a steep 17.6 times local household income, so affordability is a genuine constraint on local buyers. Locally, around 38% of household income goes to mortgage repayments, a level usually flagged as mortgage stress.

Families have 3 schools within roughly 5km to choose from, testing close to the national school average on ICSEA. Norah Head sits about 73 km from the CBD. It is fairly car-dependent; the suburb scores 18 for walkability and 4 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Node.

Population
1,149
+0% over 5yr
Median age
51 years
Median household income
$89,000/yr
Households renting
18%
Family households
75%
Socio-economic rank
1/10
ABS advantage index
Schools within 5km
3
avg ICSEA 965
Unemployment
6.1%
Distance to CBD
73 km
Walk score
18/100

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Norah Head

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Frequently asked questions about Norah Head

What should I check before investing in Norah Head?

Norah Head has enough public data for first-pass screening across yield, vacancy, price and supply signals. Tight rental market (0.3% vacancy) gives landlords pricing power and low rental downtime. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What are typical property prices in Norah Head?

The median property price in Norah Head, NSW 2263 is $1.6M for houses and $1.2M for units.

What rental yield does Norah Head show?

The gross rental yield in Norah Head is 2.5% for houses and 2.2% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.

What does recent house price growth show for Norah Head?

House prices in Norah Head are up 3.2% over the past year. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.

How tight is the rental market in Norah Head?

The current vacancy rate in Norah Head is 0.3%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.

How many people live in Norah Head?

Norah Head has a population of approximately 1,149 residents, with a median age of 51.

What schools are near Norah Head?

There are 3 schools within roughly 5km of Norah Head. Their average ICSEA is close to the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Norah Head affordable to buy in?

A median house in Norah Head costs about 17.6 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.

Is Norah Head's population growing?

The population of Norah Head has held roughly flat over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

How far is Norah Head from the CBD?

Norah Head is about 73 km from the CBD.

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