Norwest Property Investment Overview

Suburb research data for Norwest, NSW 2153 — median prices, rental yield and suburb signals. General information only.

Government Public Data Price 2026 Rent 2026
Median House Price
$1,172,600
2026 data
Gross Rental Yield
2.6%
Weekly Rent
$579
Renter Demand
58%
of residents rent
Vacancy Rate
1.6%
Low — tight market
Population
4,688
Suburb residents

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📍 Suburb Overview

State NSW
Postcode 2153
Median house price $1,172,600
Median unit price
Weekly rent (median) $579/wk (unlock cashflow model)
Gross yield 2.6% (unlock risk & score)
Renter % 58.5%
Vacancy rate 1.58%
Population 4,688
Median household income $114,764/yr
Owner-occupied 41.5%
Median age 37 yrs
Total dwellings 1,211

🛡️ Safety & Crime

Reported crime level Moderate reported crime
Incidents / 1,000 residents 48

Norwest shows around-average reported crime compared with other NSW suburbs, based on 2024 state police data.

Source: NSW police / crime statistics. Reported offences vary by category and reporting practices — check current local figures before deciding.

Investment Signals

Confidence: High High

Multiple core metrics are available, including price, rent/yield and population or demand indicators.

Last updated: 2026 · Public suburb-level data coverage varies by location and source. Verify current figures before making property decisions.

Low vacancy (1.6%) — tight rental market
High renter proportion (58%) — strong rental demand base
🔵 Moderate reported crime (48 incidents/1,000 residents) — NSW reported data 2024
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Price History

Source: NSW_FairTrading_BondLodgements. Suburb-level medians — not individual sale prices.

🏫 Schools

School data is not yet available for NSW suburbs (currently NSW & VIC).

🏷️ Recent Sales

Actual settled transactions — the most recent sales recorded in this suburb.

Address Sold Price Type Land
8 Maitland Pl, Norwest NSW 2153 2026-06-11 $2,732,282 Residence 399 m²
21 Spurway Dr, Norwest NSW 2153 2026-06-11 $1,150,000 Residence 140 m²
14 Lakeview Cl, Norwest NSW 2153 2026-06-09 $2,600,000 Residence 656 m²
8 Maitland Pl, Norwest NSW 2153 2026-06-05 $840,000 Residence 116 m²
8 Maitland Pl, Norwest NSW 2153 2026-06-04 $680,000 Residence 93 m²
3 Lucinda Ave, Norwest NSW 2153 2026-06-04 $1,750,000 Residence 150 m²
11 Spurway Dr, Norwest NSW 2153 2026-06-03 $875,000 Residence
12 Aurora Pl, Norwest NSW 2153 2026-05-29 $2,280,000 Vacant Land 708 m²
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Source: NSW Valuer-General. Individual settled sales, most recent first.

💰 Cashflow Snapshot

80% LVR · 6.2% interest · indicative only — not financial advice
Purchase price $1,172,600
Deposit (20%) $234,520
Loan (80% LVR) $938,080
Weekly rent $579/wk
Annual rent income $30,108/yr
Est. annual interest -$••,•••
Mgmt fees + costs -$•,•••
Est. net cashflow +/- $••,•••/yr
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❓ Frequently Asked Questions

Is Norwest a good suburb to invest in?

Norwest has a high renter proportion (58%) and a low vacancy rate, suggesting tight rental demand. Use this data as a research signal only. Always conduct property-level due diligence and seek independent professional advice before making any investment decision.

What is the median house price in Norwest?

The median house price in Norwest is approximately $1,172,600 based on 2026 public data.

What is the rental yield in Norwest?

The indicative gross rental yield in Norwest is 2.6%, based on a median weekly rent of $579 against a median price of $1,172,600. This is general data only — actual yields vary by property, condition and market timing.

How does Norwest compare to other suburbs?

Use the suburb comparison tool to compare Norwest against other Australian suburbs by price, yield, vacancy and renter demand.

Is Norwest a safe suburb?

Norwest shows around-average reported crime compared with other suburbs in NSW, based on 2024 state police data. The reported crime rate is about 48 incidents per 1,000 residents. Always check current local crime statistics before deciding.

Where does PropertyScoutAU get its suburb data?

PropertyScoutAU uses public and government datasets where available, including price, demographic and rental indicators. Coverage varies by suburb and some fields may be estimated or unavailable. See our data sources page for full details.

General information only. PropertyScoutAU provides suburb-level research data from government public sources. All figures are indicative medians and may not reflect current market conditions or individual property values. This is not financial, investment, legal or tax advice. Always verify independently and consult qualified professionals before making any property decision. About our data →