Alberton has had a A very good year for property investment returns compared to the rest of SA, giving investors a capital gain of 14.55% to date .
Taking the average capital gain, or increase in median house value, Alberton,5014 has racked up an average of 14.55% over the period. This ranks it number 1392th in the whole country for real estate investors looking at median house price increases.
Alberton5014 is located in SA which offers an average discount of -6.50% to property investors. Alberton itself is showing figures that indicate -7.04% is the average achievable by property buyers investing in the suburb.
With the median price for a house in Alberton being $500000 and the advertised rent reaching $350 the gross rental yield for property investors calculates out to be 3.64%
Alberton is in the TOP 20% in SA when comparing median price capital growth over the last year. Alberton gave property investors a very good capital gain figure when compared to the rest of the state, with 15.38%.
Alberton,5014 has offered an average of 15.38% return per annum in house price rises to property investors over the last three years.
Vendor discounting in Alberton is giving property investors an average Vendor Discount of around -9.57%. This puts suburb at number 12th in SA when ranking the most discounted suburbs.
At number 465 in a list of fastest selling suburbs, Alberton is in the TOP 40% of suburbs in Australia with an average of days on market 63.14 for properties listed there.
Property investors should expect to get $285 weekly from the median priced house in this suburb.