Norwest is a master-planned business and residential precinct centred on the Norwest Business Park and Norwest Metro station. Modern apartments and townhouses alongside retail boulevards and parklands have attracted strong owner-occupier and investor demand. At the current $1.45m median house price, an 80% loan at 6.25% over 30 years is about $7,142 per month.
| Median house price | $1,450,000 |
|---|---|
| Median unit price | $820,000 |
| Estimated monthly repayment | $7,142 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 5.8% |
| Gross rental yield | 3.6% |
| Typical days on market | 22 |
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