Investment property in South Albury has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -1.56%
The five-year average increase in median property values for South Albury,2640 has given property investors a potential capital gain of 30.17% across each of those five years.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.28% offered to property buyers. Sellers in South Albury itself are offering an average vendor discount of -3.77% to real estate investors.
On average over the past year, suburb has had 1.75 sales per month, which equates to 21 per year.
The NSW suburb of South Albury, 2640 is in the Albury local government area.
South Albury, 2640’s gross rental yield is 2.66%