Northgate

POSTAL CODE: QLD, 4013
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NORTHGATE ranks 318th in QLD when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 19.02% for the past year is higher than average compared to its 88.13% growth within a five-year period.

This figures put the ATC suburb in the ranks of the best performing suburbs in Australia in terms of capital gains.

Also in NORTHGATE, the median home price is sitting at $1,458,000, and the average rent at $750, this suggests property owners could potentially earn a 2.67% increase in gross rental yield.

Property investors have seen a 10.66% 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 19.02%.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 9.25% growth over a ten-year period. It ranks 409th on our list of suburbs that property investors should look into.

Surburb overview

Northgate, Queensland 4013, is a thriving inner-northern suburb approximately 10 kilometres from Brisbane’s central business district (CBD). The suburb is characterised by a mix of residential and industrial areas, with General Industry zoning covering 22.11% of the suburb and Low-Density Residential areas accounting for 12.03%. Northgate's population is 4,568, with the predominant age group being 20-29. The suburb attracts young professionals and families, and the median household income in Northgate is approximately $1,698 per week.

The real estate market in Northgate is robust, with a median property price of $1,120,000 for houses and $540,000 for units. The area has experienced steady growth, with a 17.89% annual increase for houses and 14.16% for units over the past year. The rental market is also strong, with median weekly rents of $630 for houses and $515 for units, providing rental yields of 3.28% and 5.12%, respectively. Properties in Northgate typically spend 24 days on the market for houses and 12 days for units, indicating a high level of demand.

Public transport is well-established in Northgate. The suburb is served by multiple train lines at Northgate Station, which provides direct access to Brisbane’s CBD and other northern suburbs. Bus services are also available, and major roads like Toombul Road and Melton Road ensure easy commuting by car.

Northgate offers a variety of amenities and services, including parks, recreational areas, and schools such as Northgate State School. The suburb’s residential appeal is complemented by its proximity to neighbouring suburbs like Nundah, Virginia, and Banyo, providing additional dining, shopping, and recreational options.

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