Giving property investors a an unimpressive capital gain of -0.29% for the last year, Northgate, 5085 is the 3012th highest performer in Australia in this respect.
Over the longer term, Northgate has seen property prices show investors a 3.03% return over the last 3 years. This is worse than over the last 12 months
The most recent median price for Northgate is $510000, with sellers offering an average of -5.45% off the asking price.
A $405 per week rent on the median house gives suburb investors a gross yield of circa 4.13%, without taking into account capital value appreciation, which has been averaging out at 5.26%.
If you compare the increase in value of investment property in Northgate, 5085 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this SA suburb was -2.03%.
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.
Northgate, 5085 is offering SA ‘s 141th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 20% of discounts offered by this SA.
Property investors should expect to get $382.5 weekly from the median priced house in this suburb.