Suburb Profile Report for Northgate SA (5085)

Northgate House: Median price $533,250, Annual capital growth 4.54%, Number of sales 110, Weekly median advertised rent $410

Northgate Unit: Median price $383,500, Annual capital growth 2.80%, Number of sales 20, Weekly median advertised rent N/A

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

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Northgate is an average performer in SA when comparing median price capital growth over the last year. Northgate gave property investors a average capital gain figure when compared to the rest of the state, with 3.54%.

Over the longer term, Northgate has seen property prices show investors a 1.57% return over the last 3 years. This is an improvement over the last 12 months

Our latest figures would indicate that property sellers in Northgate are currently offering property investors an average price cut of -4.46% below the asking price at the moment.

In the last year 110 properties changed hands in Northgate, which puts it as the 41th most active market in SA when comparing the number of sales per suburb.

Advertised rents are around the $410 mark per week – giving a return of 4.00% based on the median price in Suburb

Northgate, 5085 ranked 123th in SA when comparing growth in median property values or capital gain over the last 12 months. Northgate is one of 853 in our list for SA

Vendor discounting in Northgate is giving property investors an average Vendor Discount of around -6.71%. This puts suburb at number 46th in SA when ranking the most discounted suburbs.

In the last year 20 properties changed hands in Northgate, which puts it as the 103th most active market in SA when comparing the number of sales per suburb.

HOUSE UNIT
$533,250 $383,500
2.55% -3.16%
3.54% -3.03%
1.57% N/A
6.65% 1.59%
4.54% 2.80%
$410 N/A
110 20
4.00% N/A
78.41 113.9
Source: CoreLogic RP Data
DSR Score for property investment : Balanced (H), Above average (U)
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Demographics
Total population 3578
Median household income ($/weekly) 1869
Median age of persons 33
Median housing loan repayment ($/monthly) 2000
Average household size 2.8
  • Census Count Percent(%)
    0-4 years 348 9.7
    5-14 years 503 14.1
    25-34 years 672 18.8
    35-44 years 657 18.4
    45-54 years 453 12.7
    Others 945 26.4
    Age Group
    Census Count Percent(%)
    Registered Married 1504 60.2
    Not Married 765 30.6
    Defacto Relationship 230 9.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 2431 70.0
    Croatia 123 3.5
    United Kingdom 146 4.2
    Viet Nam 114 3.3
    Other 167 4.8
    Others 493 14.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 113 3.4
    Christianity 2069 62.2
    Hinduism 92 2.8
    Islam 68 2.0
    No Religion 928 27.9
    Others 59 1.8
    Religious Affiliation
  • Census Count Percent(%)
    $1,250-$1,499 102 9.4
    $1,500-$1,999 181 16.7
    $2,000-$2,499 177 16.3
    $2,500-$2,999 117 10.8
    $3,000-$3,499 112 10.3
    Others 394 36.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1331 50.4
    Not in the labour force 610 23.1
    Employed, worked part-time 523 19.8
    Employed, away from work 104 3.9
    Unemployed, looking for work 72 2.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 276 14.1
    Professionals 556 28.4
    Technicians & trades workers 227 11.6
    Community & personal service workers 182 9.3
    Clerical & administrative workers 337 17.2
    Others 383 19.5
    Occupation
    Census Count Percent(%)
    Pre-school 73 7.7
    Infants/Primary 377 40.0
    Secondary 224 23.8
    Technical or Further Educational Institution 64 6.8
    University or other Tertiary Institutions 187 19.8
    Others 18 1.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2929 87.1
    Semi-detached, row or terrace house, townhouse 424 12.6
    Flat, unit or apartment 9 0.3
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 691 58.9
    Rented 271 23.1
    Fully owned 205 17.5
    Other tenure type 6 0.5
    Tenure Type
Census 2011, ABS
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Recent sales & rentals