NORTHCOTE 3070
State: VICPosiProp AI Investment Summary
NORTHCOTE (VIC 3070) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 2.8% and has experienced a 12-month capital growth of Up 8.1%, with a median house buy price of $1,730,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$1,456,250
$1,670,000
$2,380,000
$1,730,000
Suburb Market Profile
Last month Northcote had 103 properties available for rent and 146 properties for sale. Median property prices over the last year range from $1,730,000 for houses to $616,000 for units. If you are looking for an investment property, consider houses in Northcote rent out for $850 PW with an annual rental yield of 2.8% and units rent for $550 PW with a rental yield of 5.0%. Northcote has seen an annual compound growth rate of 8.1% for houses and -4.5% for units.