Over the last year, property investments in St Albans Park, 3219 have given investors a capital gain of 0.98%. This compares very badly with the 8.13% for VIC as a whole.
While St Albans Park,3219 ranked number 443th in VIC for increase in median house value (annualised) increase, it is ranked 514th over the last 5 years.
The most recent median price for St Albans Park is $333500, with sellers offering an average of -5.74% off the asking price.
Residents and property investors in St Albans Park have been waiting around 68.88 days to sell a property.
St Albans Park is 96th on a list of best yielding suburbs for rents in VIC with a 5.22% return
If you compare the increase in value of investment property in St Albans Park, 3219 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this VIC suburb was 1.00%.
The five-year average increase in median property values for St Albans Park,3219 has given property investors a potential capital gain of -0.98% across each of those five years.
St Albans Park3219 is located in VIC which offers an average discount of -5.33% to property investors. St Albans Park itself is showing figures that indicate -5.05% is the average achievable by property buyers investing in the suburb.
Using the current median advertised rental of $260 and the average annual increase in value of a median property of 4.54%, investors should hope to achieve an overall return of 5.35%