Northfield, 5085 ranked 171th in SA when comparing growth in median property values or capital gain over the last 12 months. Northfield is one of 853 in our list for SA
The five-year average increase in median property values for Northfield,5085 has given property investors a potential capital gain of 19.08% across each of those five years.
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.20% offered to property buyers. Sellers in Northfield itself are offering an average vendor discount of -4.39% to real estate investors.
At number 1376 in a list of fastest selling suburbs, Northfield is in the TOP 40% of suburbs in Australia with an average of days on market 62.4 for properties listed there.
Using the current median advertised rental of $345 and the average annual increase in value of a median property of 4.46%, investors should hope to achieve an overall return of 4.35%