Question 1

Is Northgate a nice place to live?

Accepted Answer

Northgate is a compact inner-north Brisbane suburb where residential streets sit alongside longstanding industrial and commercial pockets. Centred on Northgate railway station, it has straightforward rail access and several main roads connecting to surrounding precincts. Housing ranges from timber workers' cottages and postwar brick homes to pockets of low-rise units, and the streetscape is tree-lined. Local parks and sporting fields, plus easy access to shopping and dining in neighbouring suburbs, suit people after inner-north convenience without inner-city density.

With 4,876 residents and a median age of 35, Northgate leans strongly towards families, with couple families (with and without children) making up 82.7% of families, and a mix of owner-occupiers (56.7%) and renters (43.3%). The suburb is affected by inner-north rail and road projects, including signalling works on the Shorncliffe line, a consultation-stage park-and-ride upgrade at Northgate station and an intersection upgrade on Sandgate Road, and there are state funding commitments for improvements at Northgate State School. Whether that combination suits you depends on what you want from an inner-north base.

Question 2

Is it expensive to live in Northgate?

Accepted Answer

Buying looks stretched against local incomes in Northgate. At $1,600,000 the median house price is about 15.1 times a typical local annual household income at the last Census, which sits well above local incomes.

Renting is less stretched: a house rent of $740 a week would take roughly 36% of a typical local household's weekly income at the last Census, a sizeable share, while a unit at $550 a week would take about 27%, a moderate share. On the figures, renting is less stretched than buying, though whether that feels expensive depends on your own income and circumstances.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Northgate a good place to invest?

Accepted Answer

Both houses and units in Northgate recorded a strong rise in value over the last 12 months, with house values up 18.9% and unit values up 19.1%.

Rents rose at a solid pace: house rents increased 7.6% and unit rents rose 5.8%. Over the year capital growth clearly outpaced rental income, and house rents grew faster than unit rents. If rental income is your focus, the rent changes are the most relevant figures; if capital gains are your priority, the value changes are the key ones.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	$1.60M	N/A
Change in value Past 12 months	18.9%	19.1%
Sold Past 3 months	22	8
Median days on market Past 12 months	21	12
Average rent Past 12 months	$740	$550
Change in rent Past 12 months	7.6%	5.8%

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