Superb Investment
Currently leased to AV Jennings this unit offers outstanding value. A fantastic rental return is supported by a realistic sale price. The unit is located on a corner with natural light and has a large private balcony. Shops, banks and restaurants are all a short stroll away.
The owner needs to use the money elsewhere and has priced this to sell quickly. A great buy for the alert investor!
The size of Norwest is approximately 13.7 square kilometres. There are 52 parks, covering nearly 14.7% of the total area. The population of Norwest in 2016 was 37050 people. By 2021 the population was 4688 showing a population decline of 87.4% in the area during that time. The predominant age group in Norwest is 30-39 years. Households in Norwest are primarily childless couples and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Norwest work in a professional occupation.In 2021, 56.40% of the homes in Norwest were owner-occupied compared with 77.50% in 2016.
Norwest has 5,217 properties. Over the last 5 years, Houses in Norwest have seen a 6.21% increase in median value, while Units have seen a 10.05% increase. As at 31 July 2026:
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