North Albury, 2640 ranked 1015th in NSW when comparing growth in median property values or capital gain over the last 12 months. North Albury is one of 3162 in our list for NSW
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 269th of NSW’s most discounted properties, North Albury is in the bottom 30% of the state/territory when listing in order of most discounted to least.
In the last year 120 properties changed hands in North Albury, which puts it as the 222th most active market in NSW when comparing the number of sales per suburb.
If you compare the increase in value of investment property in North Albury, 2640 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was -14.97%.
Across a shorter period, North Albury, 2640 has seen a median price increase of -11.88% over the last quarter.
Property investors looking for a bargain in North Albury should be aiming for at least -9.32% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 26 properties changed hands in North Albury, which puts it as the 354th most active market in NSW when comparing the number of sales per suburb.
With the median price for a house in North Albury being $133500 and the advertised rent reaching $220 the gross rental yield for property investors calculates out to be 8.57%