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NorthgateNorthgate - SUBURB PROFILE REPORT
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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 Price | $618,750 | $407,000 |
| GROWTH REPORT | ||
| Median Quarterly | 5.41% | -0.73% |
| 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 |
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