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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 $1,500,000 and this has changed -3.23% over the past year and changed 0.00% over 2 years.

The median rent in Northcote for houses is $780 per week and the median rental yield is 2.70%. Stock on the market for houses/townhouses has changed 6.74% compared to last year and the average time to sell a house/townhouse is 49 days.The median listing price for units is $540,000 and this has changed 8.21% over the past year. The average unit takes 100 days to sell and the median rent for a unit in Northcote is $485 per week, producing a rental yield of 4.67%.

Supply & Demand in Northcote, Darebin

0.72%

Current vacancy rate


88

Rental stock available


24,562

Population


33.57%

Rental population


0.96%

Current vacancy rate


637

Rental stock available


146,723

Population


33.59%

Rental population


0.94%

Current vacancy rate


29,256

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 $1,500,000 $900,000 $540,000
Median price change - last quarter -3.23% 1.12% -1.82%
Median price change - 1 year -3.23% 1.12% 8.21%
Median price change - 2 years 0.00% 0.00% 10.20%
  House Townhouses Units
Median weekly rent $780 $730 $485
Median yield % 2.70% 4.21% 4.67%
Median rent change - 1 year 4.00% 4.28% 7.77%
  House Units
Previous month sales 29 15
Stock on market previous month 95 76
Stock variance vs. last year 6.74% 4.11%
Average days on market 49 100

Northcote investment property listings

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