Over the last year, property investments in St Albans Park, 3219 have given investors a capital gain of -1.62%. This compares very badly with the 8.27% for VIC as a whole.
A 3.07% growth in median value for property investors in St Albans Park,3219 puts this suburb at number 605th in terms of best performing suburbs in VIC
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.91% offered to property buyers. Sellers in St Albans Park itself are offering an average vendor discount of -5.08% to real estate investors.
At number 977 in a list of fastest selling suburbs, St Albans Park is in the TOP 30% of suburbs in Australia with an average of days on market 60.86 for properties listed there.
Property investors should expect to get $320 weekly from the median priced house in this suburb.
St Albans Park is an average performer in VIC when comparing median price capital growth over the last year. St Albans Park gave property investors a average capital gain figure when compared to the rest of the state, with 4.00%.
When looking at the potential capital gains offered to property investors over the last 3 years, St Albans Park comes in at number 355th in VIC.
Sellers are offering property buyers an average discount of -5.73% to buyers in St Albans Park at the moment, which is less than average for the rest of VIC.
Using the current median advertised rental of $275 and the average annual increase in value of a median property of 5.07%, investors should hope to achieve an overall return of 5.50%