If you compare the increase in value of investment property in Albion, 3020 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 22.88%.
Albion,3020 was ranked 349 in Australia by increase in median property value over the quarter.
The VIC suburb of Albion, 3020 is in the Brimbank local government area.
Property value increases in Albion have tracked lower than the VIC average of 4.79% over the last 12 months.
Albion,3020 has offered an average of -7.57% return per annum in house price rises to property investors over the last three years.
Property buyers and investors in Albion 3020 should be seeing an average reduction in asking price of around -4.30% . This means that Albion is holding prices well when compared to other suburbs in VIC.
In the last year 45 properties changed hands in Albion, which puts it as the 199th most active market in VIC when comparing the number of sales per suburb.