With a capital gain of -9.38% for the last 12 months, Northgate, 4013 has performed for property investments than its average annual 2.70% property growth over the last 5 years.
The five-year average increase in median property values for Northgate,4013 has given property investors a potential capital gain of 7.70% across each of those five years.
Property buyers and investors in Northgate 4013 should be seeing an average reduction in asking price of around -6.64% . This means that Northgate is holding prices well when compared to other suburbs in QLD.
Over the last year, property investments in Northgate, 4013 have given investors a capital gain of -7.24%. This compares badly with the -0.33% for QLD as a whole.
A -14.02% growth in median value for property investors in Northgate,4013 puts this suburb at number 240th in terms of best performing suburbs in QLD
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.15% offered to property buyers. Sellers in Northgate itself are offering an average vendor discount of -6.66% to real estate investors.
On average over the past year, suburb has had 1.75 sales per month, which equates to 21 per year.
Northgate, 4013’s gross rental yield is 5.31%