Investment property in Northfield has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -2.50%
Over the longer term, Northfield has seen property prices show investors a 9.86% return over the last 3 years. This is worse than over the last 12 months
State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.55% offered to property buyers. Sellers in Northfield itself are offering an average vendor discount of -9.35% to real estate investors.
At number 2487 in a list of fastest selling suburbs, Northfield is in the bottom 40% of suburbs in Australia with an average of days on market 96.68 for properties listed there.
Situated 8.53km from the CBD, Northfield is one of Port Adelaide Enfield localities in the postcode 5085.