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%