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Property investors have seen a 5.41% gain in NORTHGATE based on an increase 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 $618,750
Profits averaged 1.92% 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 $420 based on current median home prices for the suburb.
The gross rental yield in NORTHGATE, 5085 is 3.53%.
An average of 3.67 real estate transactions take place per month in NORTHGATE which translates to 44 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||5.86%||N/A|
|Median 3 years||5.77%||N/A|
|Median 5 years||11.29%||N/A|
|10 years average annual||2.41%||N/A|
|Weekly media advert. rent||$420||N/A|
|Time on Market||55.0 days||0.0 days|
|Gross Rental Yield Percent||3.53%||N/A|