NSW has seen average median house prices change by 13.11% which means that North Albury, 2640 has done well for property investors by showing a capital gain of 0.00% over the last year
Across a shorter period, North Albury, 2640 has seen a median price increase of -0.90% over the last quarter.
Sellers are offering property buyers an average discount of -6.37% to buyers in North Albury at the moment, which is less than average for the rest of NSW.
At number 2397 in a list of fastest selling suburbs, North Albury is in the bottom 40% of suburbs in Australia with an average of days on market 92.63 for properties listed there.
Using the current median advertised rental of $270 and the average annual increase in value of a median property of 2.05%, investors should hope to achieve an overall return of 6.38%
Giving property investors a a solid capital gain of 29.37% for the last year, North Albury, 2640 is the 47th highest performer in Australia in this respect.
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.
At number 21th 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.
Often selling an investment property can take time, and in North Albury the average time real estate has been on the market is 88.93 days.
Property investors should expect to get $215 weekly from the median priced house in this suburb.