Suburb Profile Report for Northgate QLD (4013)

Northgate House: Median price $630,000, Annual capital growth 6.04%, Number of sales 68, Weekly median advertised rent $425

Northgate Unit: Median price $370,000, Annual capital growth 3.71%, Number of sales 41, Weekly median advertised rent $380

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Giving property investors a an unimpressive capital gain of -1.33% for the last year, Northgate, 4013 is the 3160th highest performer in Australia in this respect.

Across a shorter period, Northgate, 4013 has seen a median price increase of -8.56% over the last quarter.

Property investors looking for a bargain in Northgate should be aiming for at least -4.91% off the asking price, which is the average vendor discount being achieved at the moment.

Property investors should expect to get $425 weekly from the median priced house in this suburb.

Property value increases in Northgate have tracked lower than the QLD average of 0.65% over the last 12 months.

When looking at the potential capital gains offered to property investors over the last 3 years, Northgate comes in at number 260th in QLD.

Property investors looking for a bargain in Northgate should be aiming for at least -5.97% off the asking price, which is the average vendor discount being achieved at the moment.

Northgate, 4013’s gross rental yield is 5.34%

Metrics i HOUSE UNIT
$630,000 $370,000
-8.56% -1.33%
-1.33% -11.16%
6.04% 3.71%
$425 $380
68 41
3.51% 5.34%
39.36 92.95

Source: CoreLogic

DSR Score for property investment : Balanced (U), Above average (H)
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Demographics
Total population 4304
Median household income ($/weekly) 1404
Median age of persons 34
Median housing loan repayment ($/monthly) 2167
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 428 9.9
    25-34 years 838 19.5
    35-44 years 717 16.7
    45-54 years 561 13.0
    55-64 years 439 10.2
    Others 1320 30.7
    Age Group
    Census Count Percent(%)
    Not Married 1545 47.2
    Registered Married 1267 38.7
    Defacto Relationship 462 14.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 3108 76.4
    Indonesia 131 3.2
    Papua New Guinea 206 5.1
    United Kingdom 156 3.8
    Other 159 3.9
    Others 306 7.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 56 1.4
    Christianity 2643 67.5
    Hinduism 60 1.5
    Other Religious Groups 95 2.4
    No Religion 1015 25.9
    Others 46 1.2
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 145 9.2
    $1,250-$1,499 140 8.9
    $1,500-$1,999 202 12.8
    $2,000-$2,499 160 10.1
    $2,500-$2,999 146 9.3
    Others 784 49.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1614 47.5
    Not in the labour force 830 24.4
    Employed, worked part-time 653 19.2
    Employed, away from work 155 4.6
    Unemployed, looking for work 144 4.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 275 11.3
    Professionals 610 25.2
    Technicians & trades workers 284 11.7
    Clerical & administrative workers 414 17.1
    Labourers 241 9.9
    Others 601 24.8
    Occupation
    Census Count Percent(%)
    Pre-school 55 6.1
    Infants/Primary 301 33.3
    Secondary 175 19.4
    Technical or Further Educational Institution 73 8.1
    University or other Tertiary Institutions 249 27.6
    Others 50 5.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2870 70.6
    Flat, unit or apartment 827 20.3
    Semi-detached, row or terrace house, townhouse 366 9.0
    House or flat attached to a shop, office 5 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 733 43.5
    Being purchased 568 33.7
    Fully owned 380 22.6
    Other tenure type 3 0.2
    Tenure Type
Census 2011, ABS
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Recent sales & rentals