With a capital gain of 10.72% for the last 12 months, Albion Park, 2527 has performed for property investments than its average annual 4.79% property growth over the last 5 years.
Comparing Albion Park,2527 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Sellers are offering property buyers an average discount of -3.03% to buyers in Albion Park at the moment, which is less than average for the rest of NSW.
Albion Park is 332th on a list of best yielding suburbs for rents in NSW with a 4.45% return
Property value increases in Albion Park have tracked just higher than the NSW average of 5.59% over the last 12 months.
Taking the average capital gain, or increase in median house value, Albion Park,2527 has racked up an average of 11.25% over the period. This ranks it number 373th in the whole country for real estate investors looking at median house price increases.
LACK OF BUYER INTEREST may well be the reason that Albion Park is offering property investors an average of -4.45. This rate of discount on properties puts Suburb at number 458th in terms of most discounted suburbs in NSW
In the last year 65 properties changed hands in Albion Park, which puts it as the 220th most active market in NSW when comparing the number of sales per suburb.
With the median price for a house in Albion Park being $450000 and the advertised rent reaching $420 the gross rental yield for property investors calculates out to be 4.85%