If you compare the increase in value of investment property in Albany, 6330 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this WA suburb was -18.90%.
Over the longer term, Albany has seen property prices show investors a -9.49% return over the last 3 years. This is worse than over the last 12 months
State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.21% offered to property buyers. Sellers in Albany itself are offering an average vendor discount of -12.58% to real estate investors.
With the median price for a house in Albany being $515000 and the advertised rent reaching $380 the gross rental yield for property investors calculates out to be 3.84%