Over the last year, property investments in Northgate, 5085 have given investors a capital gain of -2.14%. This compares badly with the 3.04% 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
Vendor discounting in Northgate is giving property investors an average Vendor Discount of around -6.25%. This puts suburb at number 174th in SA when ranking the most discounted suburbs.
At number 1486 in a list of fastest selling suburbs, Northgate is in the TOP 40% of suburbs in Australia with an average of days on market 71.18 for properties listed there.
A $400 per week rent on the median house gives suburb investors a gross yield of circa 3.80%, without taking into account capital value appreciation, which has been averaging out at 4.05%.