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1 MIN READTop 10 Suburbs For Unit Price Growth In Perth
In July 2021, a CoreLogic study showed a record high gap between median house and unit prices in the Australian property...
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NorthgateNorthgate - SUBURB PROFILE REPORT
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The suburb’s capital gain of 26.77% for the past year is higher than average compared to its 20.15% growth within a five-year period.
Also in NORTHGATE, the median home price is sitting at $805,000, and the average rent at $470, this suggests property owners could potentially earn a 3.04% increase in gross rental yield.
Property investors have seen a 7.91% gain in NORTHGATE based on an increase in median home prices for the past three months.
They believe that homeowners and real estate investors betting on NORTHGATE, 4013 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 26.77%.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 5.87% growth over a ten-year period. It ranks 1623rd on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $805,000 | $380,000 |
| GROWTH REPORT | ||
| Median Quarterly | 7.91% | 4.83% |
| Median 12 month | 26.77% | 5.92% |
| Median 3 years | 27.78% | 0% |
| Median 5 years | 20.15% | -3.8% |
| 10 years average annual | 5.87% | 1.14% |
| Weekly media advert. rent | $470 | $350 |
| Time on Market | 47.6 days | 45.5 days |
| Gross Rental Yield Percent | 3.04% | 4.79% |
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