Property investors who have had real estate in Alstonville, 2477 should be pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 20.61%
Alstonville,2477 has offered an average of 20.61% return per annum in house price rises to property investors over the last three years.
Property buyers and investors in Alstonville 2477 should be seeing an average reduction in asking price of around -2.97% . This means that Alstonville is holding prices well when compared to other suburbs in NSW.
Residents and property investors in Alstonville have been waiting around 67.49 days to sell a property.
Situated 596.46km from the CBD, Alstonville is one of Ballina localities in the postcode 2477.
If you compare the increase in value of investment property in Alstonville, 2477 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 9.00%.
When looking at the potential capital gains offered to property investors over the last 3 years, Alstonville comes in at number 417th in NSW.
LACK OF BUYER INTEREST may well be the reason that Alstonville is offering property investors an average of -4.11. This rate of discount on properties puts Suburb at number 223th in terms of most discounted suburbs in NSW
With the median price for a house in Alstonville being $327000 and the advertised rent reaching $325 the gross rental yield for property investors calculates out to be 5.17%