Investment property in Northgate has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -2.07%
Taking the average capital gain, or increase in median house value, Northgate,5085 has racked up an average of -2.07% over the period. This ranks it number 3469th in the whole country for real estate investors looking at median house price increases.
Northgate, 5085 is offering SA ‘s 297th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this SA.
Property investors should expect to get $392.5 weekly from the median priced house in this suburb.
Northgate has had a very poor year for property investment returns compared to the rest of SA, giving investors a capital gain of -6.78% to date .
The five-year average increase in median property values for Northgate,5085 has given property investors a potential capital gain of 10.64% across each of those five years.
Property buyers and investors in Northgate 5085 should be seeing an average reduction in asking price of around -6.33% . This means that Northgate is holding prices well when compared to other suburbs in SA.
Often selling an investment property can take time, and in Northgate the average time real estate has been on the market is 80.69 days.
Northgate, 5085’s gross rental yield is 4.81%