Property investors who have had real estate in Albion, 3020 should be pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 19.50%
Albion,3020 was ranked 1126 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Albion is offering property investors an average of -5.87. This rate of discount on properties puts Suburb at number 112th in terms of most discounted suburbs in VIC
Property investors should expect to get $350 weekly from the median priced house in this suburb.
VIC has seen average median house prices change by 4.26% which means that Albion, 3020 has done well for property investors by showing a capital gain of -1.51% over the last year
A -4.79% growth in median value for property investors in Albion,3020 puts this suburb at number 310th in terms of best performing suburbs in VIC
The most recent median price for Albion is $228500, with sellers offering an average of -3.58% off the asking price.
Advertised rents are around the $240 mark per week – giving a return of 5.46% based on the median price in Suburb