Property value increases in Albion Park Rail have tracked just higher than the NSW average of 7.28% over the last 12 months.
If we look at median property appreciation over just the last three months, Albion Park Rail has given property investors a paper return of 1.56%. This puts Suburb as 804 on a list of fastest fasting appreciating suburbs in NSW
Property investors looking for a bargain in Albion Park Rail should be aiming for at least -2.31% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 106 properties changed hands in Albion Park Rail, which puts it as the 255th most active market in NSW when comparing the number of sales per suburb.
A $420 per week rent on the median house gives suburb investors a gross yield of circa 4.47%, without taking into account capital value appreciation, which has been averaging out at 4.95%.
Albion Park Rail is in the TOP 30% in NSW when comparing median price capital growth over the last year. Albion Park Rail gave property investors a good capital gain figure when compared to the rest of the state, with 12.85%.
The five-year average increase in median property values for Albion Park Rail,2527 has given property investors a potential capital gain of 79.92% across each of those five years.
Albion Park Rail, 2527 is offering NSW ‘s 440th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 10% of discounts offered by this NSW.
Using the current median advertised rental of $360 and the average annual increase in value of a median property of 7.80%, investors should hope to achieve an overall return of 4.26%