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Investment Property Northcote, VIC, 3070

Suburb Snapshot

Northcote is a suburb in the Darebin Region of Victoria. Northcote has a population of 24,562 people and 33.57% of its occupants live in rental accommodation. The median listing price for houses is $1,550,000 and this has changed 0.00% over the past year and changed 3.36% over 2 years.

The median rent in Northcote for houses is $780 per week and the median rental yield is 2.61%. Stock on the market for houses/townhouses has changed 7.69% compared to last year and the average time to sell a house/townhouse is 53 days.The median listing price for units is $550,000 and this has changed 10.11% over the past year. The average unit takes 104 days to sell and the median rent for a unit in Northcote is $490 per week, producing a rental yield of 4.63%.

Supply & Demand in Northcote, Darebin

0.84%

Current vacancy rate


102

Rental stock available


24,562

Population


33.57%

Rental population


0.92%

Current vacancy rate


610

Rental stock available


146,723

Population


33.59%

Rental population


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


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Statistical data for Northcote, Darebin

  House Townhouses Units
Median listing price $1,550,000 $900,000 $550,000
Median price change - last quarter -3.23% 1.12% -1.82%
Median price change - 1 year 0.00% 2.27% 10.11%
Median price change - 2 years 3.36% 0.55% 11.11%
  House Townhouses Units
Median weekly rent $780 $750 $490
Median yield % 2.61% 4.33% 4.63%
Median rent change - 1 year 4.00% 7.14% 8.88%
  House Units
Previous month sales 22 17
Stock on market previous month 84 73
Stock variance vs. last year 7.69% 19.67%
Average days on market 53 104

Northcote investment property listings

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