North Albury has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of 3.90% to date .
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 fallen somewhat when compared to the 5 year average annual rate.
Vendor discounting in North Albury is giving property investors an average Vendor Discount of around -7.03%. This puts suburb at number 267th in NSW when ranking the most discounted suburbs.
The NSW suburb of North Albury, 2640 is in the Albury local government area.
North Albury has had a very poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of -44.96% to date .
While North Albury,2640 ranked number 41th in NSW for increase in median house value (annualised) increase, it is ranked 430th over the last 5 years.
North Albury2640 is located in NSW which offers an average discount of -4.48% to property investors. North Albury itself is showing figures that indicate -8.83% is the average achievable by property buyers investing in the suburb.
A $190 per week rent on the median house gives suburb investors a gross yield of circa 8.52%, without taking into account capital value appreciation, which has been averaging out at 8.19%.