Suburb Profile Report for Northgate QLD (4013)

Northgate House: Median price $675,000, Annual capital growth 6.41%, Number of sales 70, Weekly median advertised rent $415

Northgate Unit: Median price $355,000, Annual capital growth 2.85%, Number of sales 46, Weekly median advertised rent $370

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

Source: CoreLogic

  • House Report
  • Unit Report

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.

Metrics i HOUSE UNIT
$675,000 $355,000
1.50% -2.41%
5.26% -15.98%
6.41% 2.85%
$415 $370
70 46
3.20% 5.42%
65.9 87.56

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
Find a mortgage broker in Northgate QLD
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
Chart Table
Recent sales & rentals