DSR Score for property investment :
POOR (H), POOR (U)
House Investment Report
With a capital gain of -2.56% for the last 12 months, North Albury, 2640 has performed for property investments than its average annual 4.66% property growth over the last 5 years.
A -11.01% growth in median value for property investors in North Albury,2640 puts this suburb at number 439th in terms of best performing suburbs in NSW
At number 163th of NSW’s most discounted properties, North Albury is in the bottom 20% of the state/territory when listing in order of most discounted to least.
In the last year 105 properties changed hands in North Albury, which puts it as the 179th most active market in NSW when comparing the number of sales per suburb.
Property investors should expect to get $255 weekly from the median priced house in this suburb.
Unit Investment Report
If you compare the increase in value of investment property in North Albury, 2640 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 7.35%.
If we look at median property appreciation over just the last three months, North Albury has given property investors a paper return of -27.54%. This puts Suburb as 489 on a list of fastest fasting appreciating suburbs in NSW
Sellers are offering property buyers an average discount of -14.00% to buyers in North Albury at the moment, which is less than average for the rest of NSW.