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Norway NSW 2787: Property Market Report & Real Estate Insights

Part of Oberon, NSW

Property Market

Median Weekly Rent $270.00
Median Monthly Mortgage $1930.67
Median Persons Per Bedroom 0.70
Average Household Size 2.00
Average Age 52.33
Average Income $830.67
Average Cars Per Dwelling 2.39
Average Properties Within 50M 1

Typical House Prices

3 bed property $1,003,000
4 bed property $733,000

Typical Homes & Property Types

Average Internet Speeds in Norway

Download 25 Mbps / Upload 5 Mbps

Norway Real Estate Market Outlook

Thinking about buying in Norway? Now could not be a better time, with just 56 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,506,000 with prices in this suburb ranging from $503,000 to $9,504,000. The approximate distance to the coast is 116 Km.

Living in Norway

In Norway there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Norway is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. Low average earnings from people in Norway leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Norway the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

Instant Property Valuation



Recently Sold Properties

Settlement Date Sale Price Property Address Details
2025-02-12 $950,000 2 Sloggetts Road Norway, NSW
2023-10-31 $1,350,000 387 Sloggetts Road Norway, NSW
2022-08-26 $700,000 120 Mount Norway Road Norway, NSW
2021-08-13 $850,000 1698 Abercrombie Road Norway, NSW
2021-07-26 $540,000 83 Sloggetts Road Norway, NSW
2021-06-25 $1,250,000 20 Sloggetts Road Norway, NSW
2021-05-19 $1,100,000 334 Sloggetts Road Norway, NSW
2021-01-08 $2,450,000 509 Sloggetts Road Norway, NSW
2020-12-10 $620,000 299 Sloggetts Road Norway, NSW
2020-09-15 $1,200,000 1698 Abercrombie Road Norway, NSW
2020-08-24 $2,450,000 509 Sloggetts Road Norway, NSW
2020-03-27 $780,000 1045 Abercrombie Road Norway, NSW
2018-10-12 $760,000 279 Sloggetts Road Norway, NSW
2017-09-20 $620,000 1759 Abercrombie Road Norway, NSW
2017-09-04 $764,000 2 Sloggetts Road Norway, NSW
2017-05-12 $450,000 414 Sloggetts Road Norway, NSW
2016-05-13 $825,000 1698 Abercrombie Road Norway, NSW
2016-01-29 $3,250,000 1640 Abercrombie Road Norway, NSW
2016-01-22 $295,000 299 Sloggetts Road Norway, NSW
2015-06-22 $800,000 1212 Abercrombie Road Norway, NSW
2014-12-19 $290,000 1045 Abercrombie Road Norway, NSW
2014-01-16 $325,000 983 Abercrombie Road Norway, NSW
2013-06-13 $565,000 387 Sloggetts Road Norway, NSW
2011-02-14 $360,000 922 Abercrombie Road Norway, NSW
2010-09-03 $470,000 1460 Abercrombie Road Norway, NSW
2010-01-22 $415,000 63 Sloggetts Road Norway, NSW
2009-10-01 $590,000 71 Sloggett S Road Norway, NSW
2009-06-19 $250,000 83 Sloggett S Road Norway, NSW

Local Schools

No local schools recorded within the suburb boundary.


Is Norway a safe suburb?

Incidents Trend State Average

We are currently collecting information for this location.

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Balmain East Weather – Average Local Climate by Month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan2.113.127.939.693.91.622.0
Feb4.711.924.247.0951.818.7
Mar3.510.12250.795.71.615.4
Apr0.95.519.84596.01.414.0
May1.21.414.850.095.91.410.6
Jun1.40.911.658.996.21.48.6
Jul1.5-0.411.851.093.81.710.1
Aug2.2-0.412.445.393.61.912.4
Sept1.9216.540.694.31.816.4
Oct1.85.820.141.494.51.619.0
Nov2.77.723.334.792.32.023
Dec2.310.625.736.791.31.923.5

source: Australian Government Bureau of Meteorology


Nearby Suburbs

MozartEssingtonOberonTwenty ForestsChatham ValleyMayfieldBlack SpringsEdithHazelgroveDog Rocks

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