Northbridge, 2063 ranked 76th in NSW when comparing growth in median property values or capital gain over the last 12 months. Northbridge is one of 3163 in our list for NSW
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Northbridge has increased when compared to the 5 year average annual rate.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.50% offered to property buyers. Sellers in Northbridge itself are offering an average vendor discount of -10.00% to real estate investors.
At number 2144 in a list of fastest selling suburbs, Northbridge is just in the bottom half of suburbs in Australia with an average of days on market 88.52 for properties listed there.
Advertised rents are around the $1280 mark per week – giving a return of 2.18% based on the median price in Suburb
Property value increases in Northbridge have tracked higher than the NSW average of 5.59% over the last 12 months.
While Northbridge,2063 ranked number 64th in NSW for increase in median house value (annualised) increase, it is ranked 42th over the last 5 years.
Property investors should expect to get $650 weekly from the median priced house in this suburb.