Suburb Profile Report for Northgate SA (5085)

Northgate House: Median price $520,000, Annual capital growth 4.56%, Number of sales 98, Weekly median advertised rent $393

Northgate Unit: Median price $405,500, Annual capital growth 4.06%, Number of sales 20, Weekly median advertised rent $375

  • House
  • Unit
Source: RP Data
  • Median price
  • Number of sales
DSR Score for property investment : Above average (U), Above average (H)
  • House Report
  • Unit Report

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%

HOUSE UNIT
$520,000 $405,500
-1.42% 2.40%
-2.07% -6.78%
-5.45% -2.29%
6.93% 10.64%
4.56% 4.06%
$393 $375
98 20
3.93% 4.81%
78.63 80.69
Source: RP Data
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Demographics
Total population 3578
Median household income ($/weekly) 1869
Median age of persons 33
Median housing loan repayment ($/monthly) 2000
Average household size 2.8
  • Census Count Percent(%)
    0-4 years 348 9.7
    5-14 years 503 14.1
    25-34 years 672 18.8
    35-44 years 657 18.4
    45-54 years 453 12.7
    Others 945 26.4
    Age Group
    Census Count Percent(%)
    Registered Married 1504 60.2
    Not Married 765 30.6
    Defacto Relationship 230 9.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 2431 70.0
    Croatia 123 3.5
    United Kingdom 146 4.2
    Viet Nam 114 3.3
    Other 167 4.8
    Others 493 14.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 113 3.4
    Christianity 2069 62.2
    Hinduism 92 2.8
    Islam 68 2.0
    No Religion 928 27.9
    Others 59 1.8
    Religious Affiliation
  • Census Count Percent(%)
    $1,250-$1,499 102 9.4
    $1,500-$1,999 181 16.7
    $2,000-$2,499 177 16.3
    $2,500-$2,999 117 10.8
    $3,000-$3,499 112 10.3
    Others 394 36.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1331 50.4
    Not in the labour force 610 23.1
    Employed, worked part-time 523 19.8
    Employed, away from work 104 3.9
    Unemployed, looking for work 72 2.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 276 14.1
    Professionals 556 28.4
    Technicians & trades workers 227 11.6
    Community & personal service workers 182 9.3
    Clerical & administrative workers 337 17.2
    Others 383 19.5
    Occupation
    Census Count Percent(%)
    Pre-school 73 7.7
    Infants/Primary 377 40.0
    Secondary 224 23.8
    Technical or Further Educational Institution 64 6.8
    University or other Tertiary Institutions 187 19.8
    Others 18 1.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2929 87.1
    Semi-detached, row or terrace house, townhouse 424 12.6
    Flat, unit or apartment 9 0.3
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 691 58.9
    Rented 271 23.1
    Fully owned 205 17.5
    Other tenure type 6 0.5
    Tenure Type
Census 2011, ABS
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