At number 1191th in the list of Australian suburbs ordered by increase in median house value over the last year, Northgate, 4013 is in the top 30% with a property value increase of 9.22% recorded in median house prices.
Over the longer term, Northgate has seen property prices show investors a 20.54% return over the last 3 years. This is worse than over the last 12 months
Sellers are offering property buyers an average discount of -4.19% to buyers in Northgate at the moment, which is less than average for the rest of QLD.
The QLD suburb of Northgate, 4013 is in the Brisbane local government area.
Northgate is in the bottom 10% in QLD when comparing median price capital growth over the last year. Northgate gave property investors a dismal capital gain figure when compared to the rest of the state, with -10.61%.
The five-year average increase in median property values for Northgate,4013 has given property investors a potential capital gain of 1.35% across each of those five years.
Property investors looking for a bargain in Northgate should be aiming for at least -5.93% off the asking price, which is the average vendor discount being achieved at the moment.
Advertised rents are around the $380 mark per week – giving a return of 5.27% based on the median price in Suburb