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 3.0% and has experienced a 12-month capital growth of 0.0%, with a median house buy price of $1,660,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$1,450,000
$1,601,000
$2,200,000
$1,660,000
Suburb Market Profile
Last month Northcote had 106 properties available for rent and 112 properties for sale. Median property prices over the last year range from $1,660,000 for houses to $630,000 for units. If you are looking for an investment property, consider houses in Northcote rent out for $880 PW with an annual rental yield of 3.0% and units rent for $550 PW with a rental yield of 5.1%. Northcote has seen an annual compound growth rate of 0.0% for houses and 0.8% for units.
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