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 Up 3.6%, with a median house buy price of $1,713,800. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$1,438,750
$1,650,000
$2,350,000
$1,713,800
Suburb Market Profile
Last month Northcote had 111 properties available for rent and 99 properties for sale. Median property prices over the last year range from $1,713,800 for houses to $636,000 for units. If you are looking for an investment property, consider houses in Northcote rent out for $860 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 3.6% for houses and 2.6% for units.