Property investors who have had real estate in Northfield, 5085 should be unhappy with this SA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -3.61%
Northfield,5085 has offered an average of -3.61% return per annum in house price rises to property investors over the last three years.
LACK OF BUYER INTEREST may well be the reason that Northfield is offering property investors an average of -6.57. This rate of discount on properties puts Suburb at number 150th in terms of most discounted suburbs in SA
Residents and property investors in Northfield have been waiting around 97.74 days to sell a property.
A $340 per week rent on the median house gives suburb investors a gross yield of circa 4.49%, without taking into account capital value appreciation, which has been averaging out at 5.47%.