At number 274th in the list of Australian suburbs ordered by increase in median house value over the last year, St Albans, 3021 is in the top 10% with a property value increase of 23.40% recorded in median house prices.
Over the longer term, St Albans has seen property prices show investors a 58.90% return over the last 3 years. This is worse than over the last 12 months
Vendor discounting in St Albans is giving property investors an average Vendor Discount of around -5.20%. This puts suburb at number 249th in VIC when ranking the most discounted suburbs.
Often selling an investment property can take time, and in St Albans the average time real estate has been on the market is 68.26 days.
Over the last year, property investments in St Albans, 3021 have given investors a capital gain of 5.10%. This compares averagely with the 5.66% for VIC as a whole.
When looking at the potential capital gains offered to property investors over the last 3 years, St Albans comes in at number 140th in VIC.
Property buyers and investors in St Albans 3021 should be seeing an average reduction in asking price of around -5.76% . This means that St Albans is holding prices well when compared to other suburbs in VIC.
On average over the past year, suburb has had 18.08 sales per month, which equates to 217 per year.
St Albans, 3021’s gross rental yield is 4.71%