Giving property investors a an average capital gain of 0.00% for the last year, Northcote, 3070 is the 2389th 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 0.00% over the period. This ranks it number 804th in the whole country for real estate investors looking at median house price increases.
At number 151th of VIC’s most discounted properties, Northcote is in the bottom 30% of the state/territory when listing in order of most discounted to least.
A $650 per week rent on the median house gives suburb investors a gross yield of circa 2.55%, without taking into account capital value appreciation, which has been averaging out at 8.36%.
At number 203th in the list of Australian suburbs ordered by increase in median house value over the last year, Northcote, 3070 is in the top 20% with a property value increase of 11.70% recorded in median house prices.
Over the longer term, Northcote has seen property prices show investors a 0.96% return over the last 3 years. This is an improvement over the last 12 months
Property buyers and investors in Northcote 3070 should be seeing an average reduction in asking price of around -4.10% . This means that Northcote is holding prices well when compared to other suburbs in VIC.