Over the last year, property investments in Northgate, 5085 have given investors a capital gain of -0.19%. This compares badly with the 4.22% for SA as a whole.
Comparing Northgate,5085 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
LACK OF BUYER INTEREST may well be the reason that Northgate is offering property investors an average of -6.52. This rate of discount on properties puts Suburb at number 298th in terms of most discounted suburbs in SA
Residents and property investors in Northgate have been waiting around 92.18 days to sell a property.
Using the current median advertised rental of $392.5 and the average annual increase in value of a median property of 5.00%, investors should hope to achieve an overall return of 3.90%
SA has seen average median house prices change by 1.89% which means that Northgate, 5085 has done well for property investors by showing a capital gain of -5.26% over the last year
Taking the average capital gain, or increase in median house value, Northgate,5085 has racked up an average of -5.26% over the period. This ranks it number 1086th in the whole country for real estate investors looking at median house price increases.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Northgate, 5085. Typically our figures indicate that -4.22% is being offered, which puts this SA suburb at 967th most discounted overall in Australia.