Property investors have seen a 3.17% 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 14.11%.
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 $602,505
Profits averaged 3.12% 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 $415 based on current median home prices for the suburb.
The gross rental yield in NORTHGATE, 5085 is 3.58%.
An average of 3.58 real estate transactions take place per month in NORTHGATE which translates to 43 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $602,505 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 3.17% | N/A |
| Median 12 month | 14.11% | N/A |
| Median 3 years | 9.35% | N/A |
| Median 5 years | 19.9% | N/A |
| 10 years average annual | 4.54% | N/A |
| Weekly media advert. rent | $415 | N/A |
| Time on Market | 76.5 days | N/A |
| Gross Rental Yield Percent | 3.58% | N/A |
If Apra think they are going to lower...
Hopefully this will increase the value...
Great post! I must appreciate that you...