Northgate has had a quite poor year for property investment returns compared to the rest of SA, giving investors a capital gain of 1.94% to date .
When looking at the potential capital gains offered to property investors over the last 3 years, Northgate comes in at number 146th in SA.
Our latest figures would indicate that property sellers in Northgate are currently offering property investors an average price cut of -5.24% below the asking price at the moment.
In the last year 100 properties changed hands in Northgate, which puts it as the 57th most active market in SA when comparing the number of sales per suburb.
Northgate, 5085’s gross rental yield is 3.89%
Northgate is in the bottom 40% 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 -0.84%.
If we look at median property appreciation over just the last three months, Northgate has given property investors a paper return of 0.97%. This puts Suburb as 78 on a list of fastest fasting appreciating suburbs in SA
Northgate, 5085 is offering SA ‘s 33th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 20% of discounts offered by this SA.
The SA suburb of Northgate, 5085 is in the Port Adelaide Enfield local government area.