Is NORWEST a good suburb for positive geared property investment in Australia?

NORWEST in NSW currently features property rental yields up to 3.2% with a 12-month capital growth value of Up 1.7%. Under standard conditions, suburbs with yields above 5.0% represent strong positive gearing potential.

What is the median house price in NORWEST 2153?

The median house price in NORWEST 2153 is approximately $1,780,000 based on the latest tracked market indices.

Investment Spotlight • Australia

NORWEST 2153

State: NSW

Updated: 6 August 2026

PosiProp AI Investment Summary

NORWEST (NSW 2153) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.2% and has experienced a 12-month capital growth of Up 1.7%, with a median house buy price of $1,780,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.

Positive Gearing Potential Verified: Suburb rental index metrics qualify Richmond for positive cash flow portfolios. Review the price brackets and explore the live listings below.

Market Yield & Price Indices

2 house • buy

$1,567,500

Up 8.9% 2.6% Yield

3 house • buy

$1,583,888

Up 6.7% 3.5% Yield

4 house • buy

$1,922,500

Down -10.0% 3.2% Yield

all house • buy

$1,780,000

Up 1.7% 3.2% Yield

Suburb Market Profile

Last month Norwest had 52 properties available for rent and 93 properties for sale. Median property prices over the last year range from $1,780,000 for houses to $915,000 for units. If you are looking for an investment property, consider houses in Norwest rent out for $1,000 PW with an annual rental yield of 3.2% and units rent for $800 PW with a rental yield of 4.5%. Norwest has seen an annual compound growth rate of 1.7% for houses and -0.5% for units.

Loading local listings...