If you compare the increase in value of investment property in Northgate, 4013 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this QLD suburb was 4.87%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Northgate has increased when compared to the 5 year average annual rate.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.86% offered to property buyers. Sellers in Northgate itself are offering an average vendor discount of -5.15% to real estate investors.
Property investors who have had real estate in Northgate, 4013 should be unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -7.32%
The five-year average increase in median property values for Northgate,4013 has given property investors a potential capital gain of 1.60% across each of those five years.
Northgate4013 is located in QLD which offers an average discount of -5.98% to property investors. Northgate itself is showing figures that indicate -5.87% is the average achievable by property buyers investing in the suburb.
The QLD suburb of Northgate, 4013 is in the Brisbane local government area.