Property value increases in Northgate have tracked just higher than the QLD average of 2.41% over the last 12 months.
The five-year average increase in median property values for Northgate,4013 has given property investors a potential capital gain of 51.69% across each of those five years.
Our latest figures would indicate that property sellers in Northgate are currently offering property investors an average price cut of -4.61% below the asking price at the moment.
Often selling an investment property can take time, and in Northgate the average time real estate has been on the market is 65.9 days.
QLD has seen average median house prices change by 0.66% which means that Northgate, 4013 has done well for property investors by showing a capital gain of -15.98% over the last year
Comparing Northgate,4013 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
Sellers are offering property buyers an average discount of -6.33% to buyers in Northgate at the moment, which is less than average for the rest of QLD.
In the last year 46 properties changed hands in Northgate, which puts it as the 189th most active market in QLD when comparing the number of sales per suburb.
Renters in Suburb are facing rents around $4440 per annum or $370 every week.