If you compare the increase in value of investment property in Northgate, 5085 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this SA suburb was 12.69%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Northgate has increased when compared to the 5 year average annual rate.
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.17% offered to property buyers. Sellers in Northgate itself are offering an average vendor discount of -4.51% to real estate investors.