Property value increases in North Albury have tracked just lower than the NSW average of 9.74% over the last 12 months.
North Albury,2640 has offered an average of 2.34% return per annum in house price rises to property investors over the last three years.
Sellers are offering property buyers an average discount of -6.90% to buyers in North Albury at the moment, which is less than average for the rest of NSW.
A $270 per week rent on the median house gives suburb investors a gross yield of circa 6.10%, without taking into account capital value appreciation, which has been averaging out at 1.61%.
Property investors who have had real estate in North Albury, 2640 should be unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -6.48%
The five-year average increase in median property values for North Albury,2640 has given property investors a potential capital gain of 4.89% across each of those five years.
Advertised rents are around the $185 mark per week – giving a return of 5.27% based on the median price in Suburb