Property value increases in North Albury have tracked lower than the NSW average of 12.29% over the last 12 months.
Over the longer term, North Albury has seen property prices show investors a 12.82% return over the last 3 years. This is worse than over the last 12 months
The most recent median price for North Albury is $220000, with sellers offering an average of -6.09% off the asking price.
Often selling an investment property can take time, and in North Albury the average time real estate has been on the market is 94.2 days.
Using the current median advertised rental of $265 and the average annual increase in value of a median property of 1.90%, investors should hope to achieve an overall return of 6.26%
Property value increases in North Albury have tracked higher than the NSW average of 11.57% over the last 12 months.
Taking the average capital gain, or increase in median house value, North Albury,2640 has racked up an average of 37.54% over the period. This ranks it number 4th in the whole country for real estate investors looking at median house price increases.
Property buyers and investors in North Albury 2640 should be seeing an average reduction in asking price of around -9.64% . This means that North Albury is holding prices well when compared to other suburbs in NSW.
Using the current median advertised rental of $205 and the average annual increase in value of a median property of 5.93%, investors should hope to achieve an overall return of 5.44%