REDBANK PLAINS 
9 MIN READProperty Market Update: Brisbane, April 2022
Brisbane remained golden in April, as house values in the city marched higher to hit a new record high. But with a rate ...
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NorthgateNorthgate - SUBURB PROFILE REPORT
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Property investors have seen a 9.65% gain in NORTHGATE based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on NORTHGATE, 5085 can rest assured about this SA suburb's performance. The suburb saw median home prices rise by 14.75%.
Based on its average 5-year and quarterly capital gains NORTHGATE, 5085 saw average growth in the long term.
The SA suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $710,000
Profits averaged 9.12% per annum over a 3-year period, due to an upward trend in home prices in NORTHGATE, 5085.
This means, real estate investors could earn a rental income of $460 based on current median home prices for the suburb.
The gross rental yield in NORTHGATE, 5085 is 3.37%.
An average of 2.42 real estate transactions take place per month in NORTHGATE which translates to 29 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $710,000 | $450,000 |
| GROWTH REPORT | ||
| Median Quarterly | 9.65% | 6.07% |
| Median 12 month | 14.75% | 10.57% |
| Median 3 years | 27.35% | N/A |
| Median 5 years | 22.84% | N/A |
| 10 years average annual | 2.88% | 10.57% |
| Weekly media advert. rent | $460 | N/A |
| Time on Market | 29.4 days | 71.7 days |
| Gross Rental Yield Percent | 3.37% | N/A |
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