Property value increases in North Albury have tracked just lower than the NSW average of 10.65% over the last 12 months.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in North Albury has increased when compared to the 5 year average annual rate.
LACK OF BUYER INTEREST may well be the reason that North Albury is offering property investors an average of -5.40. This rate of discount on properties puts Suburb at number 295th in terms of most discounted suburbs in NSW
On average over the past year, suburb has had 10.25 sales per month, which equates to 123 per year.
North Albury is 50th on a list of best yielding suburbs for rents in NSW with a 6.50% return
With a capital gain of -9.55% for the last 12 months, North Albury, 2640 has performed for property investments than its average annual 2.59% property growth over the last 5 years.
North Albury,2640 has offered an average of -9.55% return per annum in house price rises to property investors over the last three years.
At number 9th of NSW’s most discounted properties, North Albury is in the bottom 10% of the state/territory when listing in order of most discounted to least.
In the last year 27 properties changed hands in North Albury, which puts it as the 352th most active market in NSW when comparing the number of sales per suburb.