Investment property in Northbridge has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 17.31%
The five-year average increase in median property values for Northbridge,2063 has given property investors a potential capital gain of 87.69% across each of those five years.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.49% offered to property buyers. Sellers in Northbridge itself are offering an average vendor discount of -10.00% to real estate investors.
Property investors should expect to get $1350 weekly from the median priced house in this suburb.
Over the last year, property investments in Northbridge, 2063 have given investors a capital gain of 23.92%. This compares very favourably with the 5.41% for NSW as a whole.
If we look at median property appreciation over just the last three months, Northbridge has given property investors a paper return of 14.50%. This puts Suburb as 21 on a list of fastest fasting appreciating suburbs in NSW
Northbridge is 537th on a list of best yielding suburbs for rents in NSW with a 2.95% return