Property value increases in Albion Park Rail have tracked close to the NSW average of -4.21% over the last 12 months.
Taking the average capital gain, or increase in median house value, Albion Park Rail,2527 has racked up an average of -5.94% over the period. This ranks it number 1220th in the whole country for real estate investors looking at median house price increases.
LACK OF BUYER INTEREST may well be the reason that Albion Park Rail is offering property investors an average of -7.38. This rate of discount on properties puts Suburb at number 248th in terms of most discounted suburbs in NSW
In the last year 81 properties changed hands in Albion Park Rail, which puts it as the 274th most active market in NSW when comparing the number of sales per suburb.
Property investors should expect to get $440 weekly from the median priced house in this suburb.
Investment property in Albion Park Rail has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -6.74%
While Albion Park Rail,2527 ranked number 476th in NSW for increase in median house value (annualised) increase, it is ranked 28th over the last 5 years.
Our latest figures would indicate that property sellers in Albion Park Rail are currently offering property investors an average price cut of -5.56% below the asking price at the moment.
At number 622 in a list of fastest selling suburbs, Albion Park Rail is just in the top half of suburbs in Australia with an average of days on market 78.2273 for properties listed there.
Renters in Suburb are facing rents around $20800 per annum or $400 every week.