With a capital gain of 11.40% for the last 12 months, Lake Albert, 2650 has performed for property investments than its average annual 3.86% property growth over the last 5 years.
Taking the average capital gain, or increase in median house value, Lake Albert,2650 has racked up an average of 11.40% over the period. This ranks it number 1762th in the whole country for real estate investors looking at median house price increases.
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 Lake Albert, 2650. Typically our figures indicate that -5.62% is being offered, which puts this NSW suburb at 2095th most discounted overall in Australia.
Advertised rents are around the $340 mark per week – giving a return of 4.67% based on the median price in Suburb