Financial complaints soar as new body opens doors
The new body that fields financial complaints has fielded over 13,000 enquiries in its first month, including those relating to investment p...
Property investors have seen a -0.18% drop in NORTHGATE based on a decrease in median home prices for the past three months.
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 $569,000
Profits averaged 0.39% 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 $415 based on current median home prices for the suburb.
The gross rental yield in NORTHGATE, 5085 is 3.79%.
An average of 3.42 real estate transactions take place per month in NORTHGATE which translates to 41 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $569,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -0.18% | N/A |
| Median 12 month | -4.37% | N/A |
| Median 3 years | 1.16% | N/A |
| Median 5 years | 16% | N/A |
| 10 years average annual | 2.06% | N/A |
| Weekly media advert. rent | $415 | N/A |
| Time on Market | 49.7 days | N/A |
| Gross Rental Yield Percent | 3.79% | N/A |
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