Alstonville is in the bottom 40% in NSW when comparing median price capital growth over the last year. Alstonville gave property investors a disappointing capital gain figure when compared to the rest of the state, with 4.04%.
Taking the average capital gain, or increase in median house value, Alstonville,2477 has racked up an average of 4.04% over the period. This ranks it number 2419th in the whole country for real estate investors looking at median house price increases.
Property investors looking for a bargain in Alstonville should be aiming for at least -4.88% off the asking price, which is the average vendor discount being achieved at the moment.
Renters in Suburb are facing rents around $4800 per annum or $400 every week.
Giving property investors a a stable capital gain of 6.19% for the last year, Alstonville, 2477 is the 611th highest performer in Australia in this respect.
A 13.85% growth in median value for property investors in Alstonville,2477 puts this suburb at number 379th in terms of best performing suburbs in NSW
At number 401th of NSW’s most discounted properties, Alstonville is in the TOP 20% of the state/territory when listing in order of most discounted to least.
Using the current median advertised rental of $310 and the average annual increase in value of a median property of 2.80%, investors should hope to achieve an overall return of 5.37%