Over the last year, property investments in Northcote, 3070 have given investors a capital gain of 11.82%. This compares favourably with the 7.68% for VIC as a whole.
While Northcote,3070 ranked number 249th in VIC for increase in median house value (annualised) increase, it is ranked 124th over the last 5 years.
At number 375th of VIC’s most discounted properties, Northcote is in the TOP 40% of the state/territory when listing in order of most discounted to least.
On average over the past year, suburb has had 21.00 sales per month, which equates to 252 per year.
The VIC suburb of Northcote, 3070 is in the Darebin local government area.
Property value increases in Northcote have tracked just lower than the VIC average of 3.19% over the last 12 months.
Northcote,3070 was ranked 934 in Australia by increase in median property value over the quarter.
Sellers are offering property buyers an average discount of -5.12% to buyers in Northcote at the moment, which is less than average for the rest of VIC.
Residents and property investors in Northcote have been waiting around 80.89 days to sell a property.
Advertised rents are around the $375 mark per week – giving a return of 3.98% based on the median price in Suburb