Northcote is in the bottom 30% in VIC when comparing median price capital growth over the last year. Northcote gave property investors a disappointing capital gain figure when compared to the rest of the state, with 4.09%.
A 73.59% growth in median value for property investors in Northcote,3070 puts this suburb at number 430th in terms of best performing suburbs in VIC
Vendor discounting in Northcote is giving property investors an average Vendor Discount of around -7.09%. This puts suburb at number 84th in VIC when ranking the most discounted suburbs.
At number 1179 in a list of fastest selling suburbs, Northcote is in the TOP 40% of suburbs in Australia with an average of days on market 58.02 for properties listed there.
With the median price for a house in Northcote being $1337500 and the advertised rent reaching $630 the gross rental yield for property investors calculates out to be 2.45%
Northcote, 3070 ranked 188th in VIC when comparing growth in median property values or capital gain over the last 12 months. Northcote is one of 2098 in our list for VIC
Comparing Northcote,3070 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Northcote, 3070 is offering VIC ‘s 110th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 40% of discounts offered by this VIC.
Advertised rents are around the $415 mark per week – giving a return of 3.96% based on the median price in Suburb