Over the last year, property investments in Alstonville, 2477 have given investors a capital gain of 1.09%. This compares badly with the 7.15% for NSW as a whole.
A 18.59% growth in median value for property investors in Alstonville,2477 puts this suburb at number 1291th in terms of best performing suburbs in NSW
Alstonville2477 is located in NSW which offers an average discount of -5.53% to property investors. Alstonville itself is showing figures that indicate -5.34% is the average achievable by property buyers investing in the suburb.
On average over the past year, suburb has had 8.00 sales per month, which equates to 96 per year.
Using the current median advertised rental of $400 and the average annual increase in value of a median property of 3.09%, investors should hope to achieve an overall return of 4.50%
At number 431th in the list of Australian suburbs ordered by increase in median house value over the last year, Alstonville, 2477 is in the top 30% with a property value increase of 9.09% recorded in median house prices.
Alstonville,2477 was ranked 511 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Alstonville is offering property investors an average of -4.48. This rate of discount on properties puts Suburb at number 271th in terms of most discounted suburbs in NSW
Renters in Suburb are facing rents around $3720 per annum or $310 every week.