North Albury, 2640 ranked 707th in NSW when comparing growth in median property values or capital gain over the last 12 months. North Albury is one of 3161 in our list for NSW
The five-year average increase in median property values for North Albury,2640 has given property investors a potential capital gain of 12.82% across each of those five years.
Our latest figures would indicate that property sellers in North Albury are currently offering property investors an average price cut of -5.81% below the asking price at the moment.
At number 2281 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 90.68 for properties listed there.
A $265 per week rent on the median house gives suburb investors a gross yield of circa 6.26%, without taking into account capital value appreciation, which has been averaging out at 2.52%.
Property investors who have had real estate in North Albury, 2640 should be pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 44.44%
Across a shorter period, North Albury, 2640 has seen a median price increase of -8.24% over the last quarter.
Sellers are offering property buyers an average discount of -6.44% to buyers in North Albury at the moment, which is less than average for the rest of NSW.
Residents and property investors in North Albury have been waiting around 109.76 days to sell a property.
North Albury, 2640’s gross rental yield is 6.83%