At number 2554th in the list of Australian suburbs ordered by increase in median house value over the last year, West Albury, 2640 is in the BOTTOM 40% with a property value increase of 1.71% recorded in median house prices.
Over the longer term, West Albury has seen property prices show investors a 21.30% return over the last 3 years. This is worse than over the last 12 months
Sellers are offering property buyers an average discount of -7.06% to buyers in West Albury at the moment, which is less than average for the rest of NSW.
On average over the past year, suburb has had 4.83 sales per month, which equates to 58 per year.
West Albury is an average performer in NSW when comparing median price capital growth over the last year. West Albury gave property investors a good capital gain figure when compared to the rest of the state, with 9.76%.
Taking the average capital gain, or increase in median house value, West Albury,2640 has racked up an average of 9.76% over the period. This ranks it number 1304th in the whole country for real estate investors looking at median house price increases.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.45% offered to property buyers. Sellers in West Albury itself are offering an average vendor discount of -4.88% to real estate investors.
Often selling an investment property can take time, and in West Albury the average time real estate has been on the market is 91.5 days.
Renters in Suburb are facing rents around $2760 per annum or $230 every week.