If you compare the increase in value of investment property in St Albans, 3021 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 16.95%.
Comparing St Albans,3021 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Our latest figures would indicate that property sellers in St Albans are currently offering property investors an average price cut of -4.97% below the asking price at the moment.
Situated 15.97km from the CBD, St Albans is one of Brimbank localities in the postcode 3021.
St Albans is an average performer in VIC when comparing median price capital growth over the last year. St Albans gave property investors a good capital gain figure when compared to the rest of the state, with 5.60%.
A 7.67% growth in median value for property investors in St Albans,3021 puts this suburb at number 169th in terms of best performing suburbs in VIC
Property investors looking for a bargain in St Albans should be aiming for at least -6.01% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 189 properties changed hands in St Albans, which puts it as the 34th most active market in VIC when comparing the number of sales per suburb.