If you compare the increase in value of investment property in Northbridge, 2063 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 10.73%.
While Northbridge,2063 ranked number 1088th in NSW for increase in median house value (annualised) increase, it is ranked 594th over the last 5 years.
Our latest figures would indicate that property sellers in Northbridge are currently offering property investors an average price cut of -14.98% below the asking price at the moment.
The NSW suburb of Northbridge, 2063 is in the Willoughby local government area.
With a capital gain of 7.56% for the last 12 months, Northbridge, 2063 has performed for property investments than its average annual 6.84% property growth over the last 5 years.
A 44.53% growth in median value for property investors in Northbridge,2063 puts this suburb at number 533th in terms of best performing suburbs in NSW
On average over the past year, suburb has had 1.92 sales per month, which equates to 23 per year.
Property investors should expect to get $625 weekly from the median priced house in this suburb.