Northgate is a smaller suburb in Queensland within the Brisbane local government area (postcode 4013). With a population of 4,876, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $106K per year, with an average household size of 2.4 people. The most common occupations are professionals, clerical & administrative, managers. The top ancestries reported are English, Australian, Irish.
The median house price in Northgate is $1.1 million, having surged 22.6% over the past year. Units have a median price of $570,000 (+19.4% YoY). The current median weekly rent is $600. This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $2,100.
Public transport access includes 2 rail stations, 23 bus stops. The crime rate in the Brisbane LGA is moderate at 6,244 incidents per 100,000 population.
From an investment perspective, Northgate offers a gross rental yield of 2.8%, rated as low yield. Property prices are near the state median ($1.1M/$1.1M). The price-to-income ratio of 10.6x is considered stretched. House prices have moved +22.6% year-on-year.
Northgate is a smaller suburb in Queensland within the Brisbane local government area (postcode 4013). With a population of 4,876, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $106K per year, with an average household size of 2.4 people. The most common occupations are professionals, clerical & administrative, managers. The top ancestries reported are English, Australian, Irish.
The median house price in Northgate is $1.1 million, having surged 22.6% over the past year. Units have a median price of $570,000 (+19.4% YoY). The current median weekly rent is $600. This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $2,100.
Public transport access includes 2 rail stations, 23 bus stops. The crime rate in the Brisbane LGA is moderate at 6,244 incidents per 100,000 population.
From an investment perspective, Northgate offers a gross rental yield of 2.8%, rated as low yield. Property prices are near the state median ($1.1M/$1.1M). The price-to-income ratio of 10.6x is considered stretched. House prices have moved +22.6% year-on-year.