Over the last year, property investments in West Albury, 2640 have given investors a capital gain of 6.56%. This compares badly with the 10.55% for NSW as a whole.
A 24.23% growth in median value for property investors in West Albury,2640 puts this suburb at number 1204th in terms of best performing suburbs in NSW
Vendor discounting in West Albury is giving property investors an average Vendor Discount of around -4.59%. This puts suburb at number 659th in NSW when ranking the most discounted suburbs.
Using the current median advertised rental of $295 and the average annual increase in value of a median property of 2.90%, investors should hope to achieve an overall return of 4.50%
Property investors who have had real estate in West 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 17.19%
West Albury,2640 was ranked 552 in Australia by increase in median property value over the quarter.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in West Albury, 2640. Typically our figures indicate that -4.30% is being offered, which puts this NSW suburb at 912th most discounted overall in Australia.
In the last year 28 properties changed hands in West Albury, which puts it as the 391th most active market in NSW when comparing the number of sales per suburb.
Using the current median advertised rental of $232.5 and the average annual increase in value of a median property of 4.60%, investors should hope to achieve an overall return of 5.00%