At number 3436th in the list of Australian suburbs ordered by increase in median house value over the last year, Northgate, 5085 is in the BOTTOM 20% with a property value increase of -4.37% recorded in median house prices.
Taking the average capital gain, or increase in median house value, Northgate,5085 has racked up an average of -4.37% over the period. This ranks it number 3238th in the whole country for real estate investors looking at median house price increases.
LACK OF BUYER INTEREST may well be the reason that Northgate is offering property investors an average of -6.20. This rate of discount on properties puts Suburb at number 259th in terms of most discounted suburbs in SA
In the last year 40 properties changed hands in Northgate, which puts it as the 227th most active market in SA when comparing the number of sales per suburb.
Property investors should expect to get $415 weekly from the median priced house in this suburb.