Giving property investors a an unimpressive capital gain of -5.41% for the last year, Alstonville, 2477 is the 3264th highest performer in Australia in this respect.
A 30.23% growth in median value for property investors in Alstonville,2477 puts this suburb at number 1215th in terms of best performing suburbs in NSW
Sellers are offering property buyers an average discount of -6.25% to buyers in Alstonville at the moment, which is less than average for the rest of NSW.
Using the current median advertised rental of $507.5 and the average annual increase in value of a median property of 3.62%, investors should hope to achieve an overall return of 4.71%
If you compare the increase in value of investment property in Alstonville, 2477 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 12.12%.
Alstonville,2477 has offered an average of 12.12% return per annum in house price rises to property investors over the last three years.
The most recent median price for Alstonville is $370000, with sellers offering an average of -5.01% off the asking price.
On average over the past year, suburb has had 2.75 sales per month, which equates to 33 per year.
A $350 per week rent on the median house gives suburb investors a gross yield of circa 4.92%, without taking into account capital value appreciation, which has been averaging out at 3.33%.