If you compare the increase in value of investment property in Northbridge, 2063 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 26.32%.
Northbridge,2063 was ranked 1595 in Australia by increase in median property value over the quarter.
Property investors looking for a bargain in Northbridge should be aiming for at least -11.37% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 88 properties changed hands in Northbridge, which puts it as the 352th most active market in NSW when comparing the number of sales per suburb.
When looking at the potential capital gains offered to property investors over the last 3 years, Northbridge comes in at number 5th in NSW.
Situated 6.36km from the CBD, Northbridge is one of Willoughby localities in the postcode 2063.