The Norwest property market recorded a median house price of $1,280,250 in Q4 2017, signaling a partial softening of -1.5%. Meanwhile, Norwest’s unit market recorded a median price of $850,000, representing a strong growth of 6.4%. The Hills Shire LGA house price grew by 8.8% to $1,320,000 and unit prices grew by 11.3% to $835,000. A slightly more affordable option is presented by the Norwest market, whilst still benefiting from opportunities for capital growth.
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