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Suburb Insights · WA 6062

Noranda, WA 6062 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Noranda is a well-established middle-ring suburb of Perth, Australia, with a population of approximately 8,002, making it a smaller community. Located approximately 9 km from the Perth CBD, Noranda is a middle ring area in Western Australia. The median household income is $84,864 per year.

Investment Score

64 / 100 Good

Household incomes in Noranda sit in a comfortable mid-range for the Western Australia market. Close CBD access strengthens tenant appeal and resale value.

Location

Perth
Noranda
Western Australia · 6062
9 km from Perth CBD
View on Google Maps ↗

Key Indicators

Postcode
6062

Official Australia Post postcode for Noranda. A postcode may cover multiple suburbs.

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Population
8,002

Usual resident population at the most recent census.

Median weekly rent
$350/wk

Weekly median rent for occupied homes. Live rental data integration coming soon.

Median household income
$84,864/yr

Annual median household income (before tax) across all households.

Distance to CBD
9 km

Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
2

Estimated 2 schools within or near this suburb.

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Parks & green spaces
3

Estimated 3 parks and green spaces near this suburb.

Median monthly mortgage
$1,907/mo

Monthly median mortgage repayment for households currently paying off a mortgage.

Home type
78% houses

Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.

Why People Like Living in Noranda

Who Noranda Suits

👨‍👩‍👧FamiliesSchool count or dwelling mix is lighter here.
📊InvestorsRental coverage trails the state average.
🏡First-home buyersPrices sit above the Western Australia median — stretch goal.
💼ProfessionalsAround 9 km from the CBD with good access.

Pros and Cons

Pros

  • Rent sits within an affordable share of local incomes, supporting tenant demand.
  • Local parks and reserves (around 3) add to liveability.
  • Solid transport links into employment hubs.
  • Short distance to the CBD makes commuting straightforward.

Cons

  • Traffic can build during peak hours, especially on arterial roads.
  • Prices may rise further as demand continues.

Investment Insight

Noranda's population of 8,002 sits 43% above the Western Australia suburb median of 5,605, giving it a wider tenant and buyer catchment than the average WA locality. Household income of $84,864/year is 15% below the Western Australia median of $99,736, typically translating into lower entry prices and a tenant base more sensitive to rent increases. Rent of $350/week (80% coverage of the $1,907/month median mortgage) leaves a gap of roughly $390/month that a typical investor bridges with negative gearing, depreciation and capital growth. At 9 km from the Perth CBD, Noranda sits inside the high-demand inner ring — properties here compete directly with the city's employment, transport and amenity networks.

Investment Tip

This suburb suits long-term investors looking for a balance of rental yield and capital growth. Schools and transport underpin family demand. Local rents consume roughly 21% of household income — a useful sanity check on tenant affordability.

Noranda vs Western Australia Median

How Noranda stacks up against the median of all Western Australia suburbs in our dataset. Positive values mean Noranda sits above the state median; negative means below.

MetricNorandaWA medianΔ vs state
Population8,0025,605+43%
Median household income$84,864/yr$99,736/yr-15%
Median rent (weekly)$350$3500%
Median mortgage (monthly)$1,907$1,9020%
Distance to CBD9 km20 km-55%
Separate houses78%79%-1pp

Investor Checklist

Pre-inspection briefing for Noranda — every item is derived from public datasets, with full citations in our data sources page.

Investment Strategy

⚠️
Buy & Hold

Moderate buy-and-hold potential: Noranda's 8,002-person market and $84,864 median household income work for investors who are selective on street location and property quality rather than counting on a suburb-wide rerating.

⚠️
Rental Yield

Moderate rental coverage: rent of $350/week covers 80% of a $1,907/month mortgage, leaving a $390/month gap that an investor bridges with equity, depreciation and tax benefits.

⚠️
Renovation / Flip

With 78% houses in a 8,002-person market, renovation margins depend on individual street and aspect rather than any suburb-wide story — do comparable-sales analysis before committing capital.

Risk Factors

Run the numbers on a Noranda property

Full Property Analysis

30-year projections for Noranda

Scenario comparison, cash flow analysis, tax modelling, and PDF export — all in one place.

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2026 Outlook

Growth: Low Rental Demand: Moderate Investor Sentiment: Moderate

Capital-growth expectations for Noranda are modest for 2026 — incomes 15% below the WA median of $99,736 suggest gains will lag headline metro markets. Rental coverage runs at ~80% of the typical mortgage ($1,517/month rent vs $1,907/month repayment), keeping cash flow in positive or near-neutral territory. The EquitySight investment score of 64/100 places Noranda in the upper-middle tier of Australian suburbs we profile, and overall investor sentiment is balanced heading into the second half of 2026.

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Frequently Asked Questions

Is Noranda a good suburb for investment?

Noranda scores 64/100 on our EquitySight investment framework — a good rating. That score is driven by a population of 8,002, median household income of $84,864/year and median weekly rent of $350. Whether it fits your portfolio depends on whether you are targeting cash flow, capital growth, or a value-add renovation — all three are scored with suburb-specific numbers elsewhere on this page.

What drives property demand in Noranda?

The main demand drivers in Noranda are proximity to Perth (9 km), a median household income of $84,864/year, a dwelling mix that is 78% separate houses, roughly 2 schools and 3 parks within the catchment. Together these shape both owner-occupier and tenant demand and are the factors we weight most heavily in the suburb's investment score.

What is the population of Noranda?

Noranda has a usual resident population of approximately 8,002, compared with a Western Australia suburb median of 5,605 — placing it in the upper half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.

How far is Noranda from the Perth CBD?

Noranda sits 9 km straight-line from the Perth CBD. This is inner-ring territory — pricing competes directly with established Perth employment nodes.

What is the median rent in Noranda?

The most recent census recorded a median weekly rent of $350 in Noranda, equating to approximately $18,200/year in gross rental income (state median $350/week). Market rents have typically drifted above the recorded figure — verify against current listings on realestate.com.au and Domain before making an offer.

What is the typical mortgage repayment in Noranda?

The median monthly mortgage repayment in Noranda is $1,907, or approximately $22,884/year (vs $1,902/month state median). Stress-test your own borrowing at rates 1–2 percentage points above today's to make sure you can still service the loan through an RBA tightening cycle.

Is Noranda cash-flow positive for investors?

A median weekly rent of $350 works out to $1,517/month, covering 80% of the median mortgage repayment of $1,907/month. That leaves a $390/month shortfall (around $4,680/year before tax benefits), so a typical owner-occupier-priced property here is negatively geared. Actual cash flow depends on your deposit, loan terms, ownership costs and marginal tax rate — run the full numbers in our rental yield calculator.

What are the main risks of investing in Noranda?

The main risks are interest-rate sensitivity on the $1,907 median mortgage, the broader Western Australia market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.

How we built this Noranda profile

Every number on this page comes from the ABS 2021 Census of Population and Housing, Australia Post postcode reference data, and OpenStreetMap amenity tiles. The investment score, strategy verdicts, and comparison table are computed deterministically from those inputs — no opinion, no estimation. See our full methodology and the data sources and licences for the formulas we use.

Nearby Suburbs

Western Australia Property Resources