Noraville is a smaller suburb in New South Wales within the Central Coast (NSW) local government area (postcode 2263). With a population of 3,001, the suburb has an established demographic with a median age of 42. Households earn a median income of $77K per year, with an average household size of 2.5 people. The most common occupations are technicians & trades, professionals, community & personal service. The top ancestries reported are Australian, English, Irish.
The median house price in Noraville is $823,000, having dropped significantly 8.6% over the past year. Units have a median price of $580,000 (-1.4% YoY). The current median weekly rent is $550. This gives a gross rental yield of approximately 3.5%. The median monthly mortgage repayment is $2,000.
Noraville is served by 1 school, including 1 primary. The average ICSEA score is 1034, which is around the national average of 1,000. Public transport access includes 27 bus stops. The crime rate in the Central Coast (NSW) LGA is below average at 3,528 incidents per 100,000 population.
From an investment perspective, Noraville offers a gross rental yield of 3.5%, rated as moderate yield. Property prices sit below the state median ($823K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.7x is considered stretched. House prices have moved -8.6% year-on-year.
Noraville is a smaller suburb in New South Wales within the Central Coast (NSW) local government area (postcode 2263). With a population of 3,001, the suburb has an established demographic with a median age of 42. Households earn a median income of $77K per year, with an average household size of 2.5 people. The most common occupations are technicians & trades, professionals, community & personal service. The top ancestries reported are Australian, English, Irish.
The median house price in Noraville is $823,000, having dropped significantly 8.6% over the past year. Units have a median price of $580,000 (-1.4% YoY). The current median weekly rent is $550. This gives a gross rental yield of approximately 3.5%. The median monthly mortgage repayment is $2,000.
Noraville is served by 1 school, including 1 primary. The average ICSEA score is 1034, which is around the national average of 1,000. Public transport access includes 27 bus stops. The crime rate in the Central Coast (NSW) LGA is below average at 3,528 incidents per 100,000 population.
From an investment perspective, Noraville offers a gross rental yield of 3.5%, rated as moderate yield. Property prices sit below the state median ($823K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.7x is considered stretched. House prices have moved -8.6% year-on-year.