Giving property investors a a solid capital gain of 19.57% for the last year, Albion, 3020 is the 248th highest performer in Australia in this respect.
Albion,3020 was ranked 718 in Australia by increase in median property value over the quarter.
At number 378th of VIC’s most discounted properties, Albion is in the TOP 40% of the state/territory when listing in order of most discounted to least.
With the median price for a house in Albion being $550000 and the advertised rent reaching $325 the gross rental yield for property investors calculates out to be 3.07%
VIC has seen average median house prices change by 3.63% which means that Albion, 3020 has done well for property investors by showing a capital gain of 32.08% over the last year
Albion,3020 has offered an average of 32.08% return per annum in house price rises to property investors over the last three years.
Vendor discounting in Albion is giving property investors an average Vendor Discount of around -5.83%. This puts suburb at number 103th in VIC when ranking the most discounted suburbs.
Renters in Suburb are facing rents around $2820 per annum or $235 every week.