Norwest, NSW

FAIR VALUE

2,349 sales · 10 years of data · NSW, Australia

$1,020,000
Median (All)
$2,122,500
Median (Houses)
$920,000
Median (Apartments)
N/A
10yr CAGR
3.2%
10yr CAGR
88.7%
Strata %
10 years of data · 2,349 sales analysed · 2,500+ suburbs · Updated weekly

Norwest, NSW Property Market Overview

Norwest, NSW, 2153, is a thriving suburb located in the Hills District of Sydney. Our data, spanning the last 10 years, reveals a total of 2,349 recorded property sales. The current median property price in Norwest sits at $1,020,000, reflecting a diverse property market with both houses and apartments.

Norwest is a notable area due to its blend of residential and commercial spaces. It is known for its modern infrastructure, including the Norwest Business Park, which attracts a professional demographic. The suburb's accessibility and amenities contribute to its popularity among families and individuals alike.

Currently fair value
Relative to the long-term price trend line
Predominantly apartments89% apartments
11% of sales are houses and other non-strata properties
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Property Mix

89%
Houses 11%$2,122,500Apartments 89%$920,000

Data You Can Trust

Every figure backed by NSW government sale records

7 million+
verified sale records
2,500+
NSW suburbs covered
10 years
of market history
Weekly
NSW Gov. data updates

What Subscribers See

A preview of the full analysis available for Norwest

Street Rankings

Top streets in Norwest, NSW by median sale price

See which streets command the highest prices and how many sales back each ranking.

#StreetTypeSalesMedian Price
1Stone Mason DrApartment16$1,580,000
2Solent CctApartment58$1,160,000
3Central Park AveHouse9$2,275,000
4Fairway DrHouse13$2,135,000

... and 41 more streets available

Subscribers also see:

  • Street price per m² analysis
  • Street annual growth rates (CAGR)
  • Premium vs discount % comparison
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Price per m²

Streets by price per square metre

Compare land and building value across streets — essential for finding underpriced pockets.

#StreetTypeSalesMedian $/m²
1Fairway DrHouse13$8,427/m²
2Spurway DrApartment95$8,285/m²
3Alto PlHouse4$9,677/m²
4Central Park AveHouse9$8,131/m²

... and more $/m² rankings

View full $/m² data
Growth Rates

Fastest growing streets by median price

10-year compound annual growth rate (CAGR) by street — see which streets are outperforming the suburb.

#StreetType10yr CAGR
1Solent CctApartment+4.4%
2Natura RiseApartment+1.0%

... and more street growth rates

See all growth rates

Past growth rates are not indicative of future performance. This data is for informational purposes only.

Building Analytics

Building-by-building comparison

327
apartment buildings analysed
#AddressSalesMedian$/m²
12 Brookhollow Ave11$1,220,000$6,548/m²
245 Stone Mason Dr3$1,590,000$4,595/m²
325 Solent Cct7$1,050,000$5,515/m²
4245 Stone Mason Dr3$1,833,000$4,323/m²

... and 323 more buildings

Compare individual buildings by price per sqm, median unit price, and sales volume. Identify which buildings are gaining or losing value relative to the suburb average.

View full building data
Risk Indicator

Flipper risk & hold period analysis

Available with full access
 

Properties resold within 2 years may signal problems — structural issues, noisy locations, or overpayment. See hold period distribution and flagged streets.

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Risk Indicator

Settlement times & problem streets

69
average days to settlement

Extended settlement times can indicate building defects, financing difficulties, or legal issues. See which streets have the longest settlement periods.

See settlement data
Suburb Change

Density & development tracking

89%
apartments across 327 buildings

Track which streets are converting from houses to apartments. Understand how density is changing the suburb's character and property values over time.

See density trends

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45 streets and 327 buildings to explore

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3 street rankings
All 45 streets ranked
Cycle chart preview
Full chart — all years
Basic median prices
Price per m² by street
Suburb-level growth only
10-year CAGR by street
Building count only
327 buildings compared
Summary stats only
Flipper risk + settlement data

Based on 2,349 verified property sales across 10 years · Last updated: February 2026

Trusted by 100+ property investors across NSW

Norwest at a Glance

Region
North West Sydney
CBD Distance
31km north-west of Sydney CBD
Train Station
Norwest Station (Sydney Metro Northwest)
Council
The Hills Shire Council
Property Character
Modern residential and commercial hub
Community
Young families and professionals

Norwest, NSW

Map data © OpenStreetMap contributors

Local Amenities


Living in Norwest, NSW

Living in Norwest offers a blend of convenience and community. The suburb boasts a range of amenities, including the Norwest Marketown shopping centre, offering retail and dining options. Families are drawn to Norwest due to its proximity to quality schools such as Baulkham Hills High School and Crestwood High School.

Residents can enjoy outdoor activities at nearby parks like Bella Vista Farm Park. The Norwest Metro station provides easy access to the Sydney CBD and surrounding areas. The vibe in Norwest is generally considered family-friendly, with a mix of established residents and younger professionals.


Who Buys in Norwest?

The buyer profile in Norwest is diverse, attracting a mix of residents. The high strata percentage suggests a significant proportion of apartment dwellers, potentially including first home buyers and downsizers. The median apartment price of $920,000 may be attractive to those seeking more affordable options. Families are also drawn to Norwest, seeking larger homes, evidenced by the $2,122,500 median house price. The overall median price of $1,020,000 positions Norwest as a desirable location for various buyer segments.

Market Analysis

Analysing the property cycle, Norwest is currently positioned near its long-term trend, indicating fair value. This suggests that property prices in Norwest are, on average, aligned with their historical performance.

Understanding the cycle position provides valuable context for evaluating the Norwest market. While not a prediction of future performance, it reflects where the market stands relative to its past trajectory. This information is based on our analysis of 10 years of sales data.


Is Norwest a Good Investment?

Analysing Norwest's growth patterns reveals consistent, albeit moderate, appreciation in property values over the long term. The full-period CAGR of 3.2% indicates steady growth over the past decade. Several factors drive property values in Norwest, including its proximity to employment hubs, transport infrastructure, and amenities.

The fact that Norwest is currently positioned near its long-term trend suggests a balanced market. This, combined with the historical growth rate, indicates a stable and potentially attractive environment. The suburb's ongoing development and infrastructure projects also contribute to its long-term appeal.


Norwest Market Outlook

As of early 2026, the Norwest property market is characterised by a position near its long-term trend, indicating fair value. While recent price trends have shown fluctuations, the overall market in Norwest appears to be stable. The underlying factors driving property values, such as infrastructure and amenities, remain consistent. This outlook reflects the current conditions in Norwest based on our data analysis.

Streets & Location in Norwest, NSW

Norwest, postcode 2153, features a variety of residential streets. Among the top streets by median price are Lucinda Avenue, Solent Circuit, and Horatio Avenue. These streets reflect the diverse property values within Norwest and offer a glimpse into the suburb's residential landscape. The suburb comprises a total of 45 streets.

Market Dynamics

The market dynamics in Norwest are characterised by an average settlement period of 69 days. This timeframe represents the typical duration between the sale agreement and the final settlement of a property transaction in Norwest. Information regarding quick-flip percentages is not available at this time, but settlement times provide insight into market activity.

Development & Density

Norwest features a mix of housing types, with a significant number of apartment buildings. There are currently 327 apartment buildings in Norwest, contributing to the suburb's overall development density. The high strata percentage of 88.7% indicates a strong prevalence of apartment living in Norwest. This reflects a trend towards higher-density living options in the area.

Growth & Property Mix

Over the full period of our data collection, Norwest has demonstrated a Compound Annual Growth Rate (CAGR) of 3.2%. This figure represents the average annual growth rate of property values in Norwest over the past decade. The property mix in Norwest is diverse, with a significant proportion of apartments, as evidenced by the high strata percentage.

All data on this page is sourced from NSW government property sale records. Market analysis, cycle positions, growth rates, and all other metrics are provided for informational purposes only and do not constitute financial, investment, legal, or property advice. Always seek independent professional advice before making any property or financial decisions.

This information is based on historical sales data and does not constitute financial, investment, or property advice. Past performance is not indicative of future results. Always consult a qualified professional before making property decisions.

Frequently Asked Questions about Norwest, NSW

What is the median property price in Norwest?
The current median property price in Norwest is $1,020,000, as of early 2026. This figure encompasses both houses and apartments. The median house price is $2,122,500, while the median apartment price is $920,000.
Is Norwest overvalued or undervalued?
Based on our analysis, Norwest is currently positioned near its long-term trend, indicating fair value. This suggests that property prices are generally aligned with their historical performance. Note that this is a snapshot in time and market conditions can change.
How has the Norwest property market performed over 10 years?
Over the full period of our data collection, Norwest has demonstrated a Compound Annual Growth Rate (CAGR) of 3.2%. This represents the average annual growth rate of property values in Norwest over the past decade. This provides a historical perspective on the suburb's growth trajectory.
What percentage of Norwest is apartments vs houses?
Apartments make up a significant portion of the property market in Norwest, as evidenced by the high strata percentage of 88.7%. This indicates that the majority of properties in Norwest are strata-titled apartments. The remaining percentage represents houses and other property types.
Where is Norwest in the property cycle?
Norwest is currently positioned near its long-term trend, according to our analysis. This indicates that the market is currently exhibiting fair value. Understanding this position can provide context for assessing the current market conditions.
What schools are near Norwest?
Norwest is located near a number of reputable schools, including Baulkham Hills High School, a selective high school. Crestwood High School and Bella Vista Public School are also located nearby. These schools contribute to the suburb's appeal for families.
What is Norwest like to live in?
Norwest offers a modern and convenient lifestyle with a mix of residential and commercial spaces. It is known for its well-maintained parks, shopping centres, and access to transport. The suburb provides a balance of urban amenities and suburban tranquility.
Is Norwest good for families?
Norwest is often considered a suitable suburb for families due to its access to good schools, parks, and family-friendly amenities. The availability of both houses and apartments caters to different family sizes and budgets. The area is generally considered safe and well-maintained.
How far is Norwest from Sydney CBD?
Norwest is located approximately 31 kilometres north-west of the Sydney CBD. The suburb is accessible via the Sydney Metro Northwest line, providing a direct train connection to the city. Major roads also connect Norwest to the CBD.
What transport options are in Norwest?
Norwest is well-connected by public transport, with the Norwest Station on the Sydney Metro Northwest line. Several bus routes also service the area, providing connections to surrounding suburbs. Major roads, such as the M2 and M7 motorways, offer easy access to other parts of Sydney.
How does Norwest compare to nearby suburbs?
Compared to neighbouring suburbs like Baulkham Hills and Bella Vista, Norwest offers a similar lifestyle with a focus on modern living and convenience. Median property prices in Norwest are generally comparable to these nearby areas, reflecting the overall desirability of the Hills District. Each suburb has its own unique character and amenities.
Is Norwest a good first home buyer suburb?
Norwest presents potential options for first home buyers, particularly with its selection of apartments. The median apartment price of $920,000 may be more accessible than the median house price. First home buyers should carefully consider their budget and long-term goals when evaluating Norwest.
What are the best streets in Norwest?
Based on median price, some of the top streets in Norwest include Lucinda Avenue, Solent Circuit, and Horatio Avenue. These streets offer a glimpse into the diverse property values and residential landscape of Norwest. Further details about individual street characteristics are available in our premium data.
How many properties have been sold in Norwest?
Over the past 10 years, there have been a total of 2,349 recorded property sales in Norwest. This figure reflects the overall activity and turnover in the Norwest property market. This number provides a historical perspective on the suburb's sales volume.
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