Investment property in Albion has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 24.73%
When looking at the potential capital gains offered to property investors over the last 3 years, Albion comes in at number 35th in VIC.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.03% offered to property buyers. Sellers in Albion itself are offering an average vendor discount of -6.10% to real estate investors.
Albion is 404th on a list of best yielding suburbs for rents in VIC with a 3.05% return
With a capital gain of 6.31% for the last 12 months, Albion, 3020 has performed for property investments than its average annual 6.40% property growth over the last 5 years.
The five-year average increase in median property values for Albion,3020 has given property investors a potential capital gain of -1.67% across each of those five years.
Albion, 3020 is offering VIC ‘s 222th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 40% of discounts offered by this VIC.
The VIC suburb of Albion, 3020 is in the Brimbank local government area.