Northcote is in the TOP 30% in VIC when comparing median price capital growth over the last year. Northcote gave property investors a good capital gain figure when compared to the rest of the state, with 16.98%.
Across a shorter period, Northcote, 3070 has seen a median price increase of 1.74% over the last quarter.
Sellers are offering property buyers an average discount of -5.40% to buyers in Northcote at the moment, which is less than average for the rest of VIC.
Property investors should expect to get $600 weekly from the median priced house in this suburb.
Investment property in Northcote has done pretty 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 -0.35%
Northcote,3070 was ranked 1073 in Australia by increase in median property value over the quarter.
Sellers are offering property buyers an average discount of -5.39% 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 80.32 days to sell a property.
With the median price for a house in Northcote being $498250 and the advertised rent reaching $395 the gross rental yield for property investors calculates out to be 4.12%