With a capital gain of 20.20% for the last 12 months, Northgate, 4013 has performed for property investments than its average annual 5.72% property growth over the last 5 years.
Northgate,4013 was ranked 253 in Australia by increase in median property value over the quarter.
In the last year 72 properties changed hands in Northgate, which puts it as the 472th most active market in QLD when comparing the number of sales per suburb.
A $460 per week rent on the median house gives suburb investors a gross yield of circa 3.06%, without taking into account capital value appreciation, which has been averaging out at 5.72%.
QLD has seen average median house prices change by 8.71% which means that Northgate, 4013 has done well for property investors by showing a capital gain of 2.82% over the last year
A -10.98% growth in median value for property investors in Northgate,4013 puts this suburb at number 269th in terms of best performing suburbs in QLD
The most recent median price for Northgate is $365000, with sellers offering an average of -7.96% off the asking price.
On average over the past year, suburb has had 4.25 sales per month, which equates to 51 per year.
Property investors should expect to get $357.5 weekly from the median priced house in this suburb.