Lower Norton Suburb Profile
Victoria 3401

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Lower Norton has 125 properties. Over the last 5 years, Houses in Lower Norton have seen a 112.26% increase in median value. As at 31 October 2024:

  • The median value for Houses in Lower Norton is $715,854 while the median value for Units is $336,104.
There are currently 5 properties listed for sale, and no properties listed for rent in Lower norton on OnTheHouse. According to CoreLogic's data, 4 properties were sold in the past 12 months in Lower norton.

The size of Lower Norton is approximately 113.3 square kilometres. It has 1 park covering nearly 0.3% of total area. The population of Lower Norton in 2011 was 335 people. By 2016 the population was 244 showing a population decline of 27.2% in the area during that time. The predominant age group in Lower Norton is 40-49 years. Households in Lower Norton are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Lower Norton work in a trades occupation. In 2011, 93% of the homes in Lower Norton were owner-occupied compared with 100% in 2016..

Suburb Insights for LOWER NORTON 3401

Market Insights
Lower Norton Trends for Houses
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Lower Norton Trends for Units
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age

Population 244

0-9

 

17%

10-19

 

16%

20-29

 

6%

30-39

 

10%

40-49

 

19%

50-59

 

16%

60-69

 

16%

70-79

 

6%

80-89

 

1%

Household Structure
Occupancy

Last Updated: 21/11/2024

Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.