Suburb Profile Report for Northgate SA (5085)

Northgate House: Median price $533,500, Annual capital growth 4.65%, Number of sales 105, Weekly median advertised rent $400

Northgate Unit: Median price $394,900, Annual capital growth 2.52%, Number of sales 23, Weekly median advertised rent $375

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

With interest rates at their lowest for more than 50 years, there are some great rates available. The best thing to do is to compare rates from all the lenders. Let us help take the leg work out of doing this - Compare Home Loans now

  • House Report
  • Unit Report

Northgate, 5085 ranked 214th 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

When looking at the potential capital gains offered to property investors over the last 3 years, Northgate comes in at number 374th in SA.

Sellers are offering property buyers an average discount of -4.76% to buyers in Northgate at the moment, which is less than average for the rest of SA.

Often selling an investment property can take time, and in Northgate the average time real estate has been on the market is 73.88 days.

Situated 8.13km from the CBD, Northgate is one of Port Adelaide Enfield localities in the postcode 5085.

Northgate is in the bottom 30% in SA when comparing median price capital growth over the last year. Northgate gave property investors a disappointing capital gain figure when compared to the rest of the state, with -3.80%.

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.

LACK OF BUYER INTEREST may well be the reason that Northgate is offering property investors an average of -5.81. This rate of discount on properties puts Suburb at number 78th in terms of most discounted suburbs in SA

Residents and property investors in Northgate have been waiting around 110.28 days to sell a property.

Northgate, 5085’s gross rental yield is 4.94%

HOUSE UNIT
$533,500 $394,900
2.60% -2.61%
4.61% -3.80%
-2.11% 2.97%
7.45% 5.31%
4.65% 2.52%
$400 $375
105 23
3.90% 4.94%
73.88 110.28
Source: RP Data
DSR Score for property investment : Above average (H), Balanced (U)
Find a mortgage broker in Northgate SA
Demographics
Total population 3578
Median household income ($/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
Chart Table
Recent sales & rentals