Giving property investors a an average capital gain of 2.69% for the last year, Northcote, 3070 is the 2199th highest performer in Australia in this respect.
Taking the average capital gain, or increase in median house value, Northcote,3070 has racked up an average of 2.69% over the period. This ranks it number 752th in the whole country for real estate investors looking at median house price increases.
Northcote, 3070 is offering VIC ‘s 86th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 20% of discounts offered by this VIC.
Using the current median advertised rental of $630 and the average annual increase in value of a median property of 7.99%, investors should hope to achieve an overall return of 2.45%
VIC has seen average median house prices change by 6.03% which means that Northcote, 3070 has done well for property investors by showing a capital gain of 5.00% over the last year
While Northcote,3070 ranked number 179th in VIC for increase in median house value (annualised) increase, it is ranked 292th over the last 5 years.
At number 188th of VIC’s most discounted properties, Northcote is in the middle of the state/territory when listing in order of most discounted to least.
Residents and property investors in Northcote have been waiting around 66.24 days to sell a property.
With the median price for a house in Northcote being $546000 and the advertised rent reaching $420 the gross rental yield for property investors calculates out to be 4.00%