Over the last year, property investments in Albury, 2640 have given investors a capital gain of 13.39%. This compares averagely with the 14.73% for NSW as a whole.
A 42.38% growth in median value for property investors in Albury,2640 puts this suburb at number 1265th in terms of best performing suburbs in NSW
At number 80th of NSW’s most discounted properties, Albury is in the bottom 20% of the state/territory when listing in order of most discounted to least.
Over the last year, property investments in Albury, 2640 have given investors a capital gain of 10.51%. This compares favourably with the 7.34% for NSW as a whole.
If we look at median property appreciation over just the last three months, Albury has given property investors a paper return of 6.89%. This puts Suburb as 104 on a list of fastest fasting appreciating suburbs in NSW
Sellers are offering property buyers an average discount of -1.88% to buyers in Albury at the moment, which is less than average for the rest of NSW.
Advertised rents are around the $300 mark per week – giving a return of 4.79% based on the median price in Suburb
Information supplied by:
Median House Price: $520,000
Current Yield (houses): 3.4%
Average annual growth (houses): 4.2%
Median Unit Price: $280,000
Current Yield (units): 4.6%
Average annual growth (units): 3.9%
Situated within a major regional centre close to Murray River, the suburb of Albury packs many amenities. Its proximity to the Victorian border means it is often linked to sister suburb Wodonga.
The city square is a hotbed of culture, being home to the Albury Library Museum, the Murray Art Museum Albury, the Albury Entertainment Centre and Convention Centre and the Murray Conservatorium. At Dean Street, offices meet shopping hubs – the perfect place for professionals to unwind after a long day on the job.