Alstonville is an average performer in NSW when comparing median price capital growth over the last year. Alstonville gave property investors a average capital gain figure when compared to the rest of the state, with 6.28%.
While Alstonville,2477 ranked number 137th in NSW for increase in median house value (annualised) increase, it is ranked 926th over the last 5 years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Alstonville, 2477. Typically our figures indicate that -4.51% is being offered, which puts this NSW suburb at 2925th most discounted overall in Australia.
Often selling an investment property can take time, and in Alstonville the average time real estate has been on the market is 75.77 days.
With a capital gain of 12.10% for the last 12 months, Alstonville, 2477 has performed for property investments than its average annual 3.19% property growth over the last 5 years.
Across a shorter period, Alstonville, 2477 has seen a median price increase of 5.00% over the last quarter.
LACK OF BUYER INTEREST may well be the reason that Alstonville is offering property investors an average of -4.41. This rate of discount on properties puts Suburb at number 396th in terms of most discounted suburbs in NSW
Using the current median advertised rental of $315 and the average annual increase in value of a median property of 3.19%, investors should hope to achieve an overall return of 5.20%