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Norville, QLD 4670
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$600,000
market range $550K-$675K
Median Unit
$625,000
list-price estimate
Gross Yield (houses)
5.2%
1yr Growth (houses)
+16.0%
market range +7.5% to +25.0%
Investment snapshot for Norville
Norville has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Norville market and investor summary
In Norville, QLD 4670, the median house sells for around $600K, on a gross rental yield of 5.2% for houses. House prices have moved +16.0% over the past year. At 0.9% vacancy, it is a tight rental market that favours landlords.
For an investor, the rent-to-price maths here leans toward cashflow: a gross house yield near 5.2% does more of the early heavy lifting than capital growth usually would at this price point. Rental demand looks steady, with vacancy at 0.9% and a resident base that is not shrinking.
Living in Norville: people, income and schools
About 2,476 people live in Norville, and the area has been growing steadily, up about 10% over five years. At a median age of 44, it reads as skewed a little older, and families account for 62% of households.
The typical household income runs to around $57,000 a year (about $1,090 a week). On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (2 out of 10). At current prices a median house runs to a steep 10.5 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 13% over five years, which tends to underpin what local buyers can pay.
Families have 22 schools within roughly 5km to choose from, testing a little above the national school average on ICSEA. It is fairly car-dependent; the suburb scores 10 for walkability and 37 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Node.
- Population
- 2,476
- +10% over 5yr
- Median age
- 44 years
- Median household income
- $57,000/yr
- Households renting
- 31%
- Family households
- 62%
- Socio-economic rank
- 2/10
- ABS advantage index
- Schools within 5km
- 22
- avg ICSEA 1023
- Unemployment
- 3.9%
- Walk score
- 10/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Norville
No properties currently listed in Norville
Search Norville listings →Frequently asked questions about Norville
What should I check before investing in Norville?
Norville has enough public data for first-pass screening across yield, vacancy, price and supply signals. Solid house gross rental yield of 5.2%, giving a stronger rent-to-price starting point than many suburbs. Capital growth of +16.0% in the past year shows strong recent price momentum. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Norville?
The median property price in Norville, QLD 4670 is $600K for houses.
What rental yield does Norville show?
The gross rental yield in Norville is 5.2% for houses and 4.9% 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 Norville?
House prices in Norville are up 16.0% 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 Norville?
The current vacancy rate in Norville is 0.9%. 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 Norville?
Norville has a population of approximately 2,476 residents, with a median age of 44.
What schools are near Norville?
There are 22 schools within roughly 5km of Norville. Their average ICSEA is a little above the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Norville affordable to buy in?
A median house in Norville costs about 10.5 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 Norville's population growing?
The population of Norville has grown about 10% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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