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Northgate, SA 5085

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Northgate, SA 5085 located in Adelaide to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Northgate, SA 5085”

  1. The suburb of Northgate, carrying postcode 5085, is found in South Australia, and laid out to accommodate approximately 1122 households. Looking at the housing market data for Q3 2023, typical Northgate houses are priced at around $827,683 and command a median weekly rent of $558. These stats translate into an indicative yield of 3.51%, making it cash flow positive for property investors and buyers agents, attaining the minimum attractive market yield requirement of 3%.

    Northgate scores 1054 in the IRSAD scale, suggesting a sturdy socio-economic standing out of a highest possible score of 1217. Taking a look at property composition in Northgate, it reveals a renter to owner ratio of 34%. While this value is under the ideal 30% mark, or even the 45% high-risk threshold, investors should remain cautious as there’s a balance between owners and renters to be observed for long-term investment stability.

    The precinct also maintains a minimal units to houses ratio of 5%, providing an attractive property mix to investors seeking less competition and aiming for longer tenancy periods from families, which more commonly relax in houses versus units.

    However, the affordability Index continues to sound alarms, as it will take about 35 years to own a home in Northgate completely, which is significantly higher than the preferred 30 years, indicating a tough market for first-time homebuyers.

    Analysing the supply side metrics, Northgate retains a low supply market situation with a mere 0.19% stock on market Percentage and an inventory level of just 0.75 months. The building approvals Ratio amounts to 1.05%, which indicates a reasonable level of new constructions in proportion to the established property stock.

    In-demand indicators are strong as well, with houses staying on the market for an average of 19 days before being picked up, implying a high-demand scenario. The vacancy rate, combining houses and units, is scarce at 0.8%. However, the property buy search index stands at 3, signaling a lukewarm interest from potential property buyers.

    In summary, Northgate presents as an affluent suburb with a strong indicative yield for property investors and buyers’ agents, albeit affordability may be a deterrent for first-time home buyers. The trends in supply and demand indicators signify a healthy property market; though the buy search index could use some improvement. Investors are recommended to keep a close eye on these trends and make data-driven decisions or employ the Relative Composite Score by HtAG Analytics that simplifies this research by tracking over 80 metrics.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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