Albury, 2640 ranked 735th in NSW when comparing growth in median property values or capital gain over the last 12 months. Albury is one of 3163 in our list for NSW
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Albury has increased when compared to the 5 year average annual rate.
Property investors looking for a bargain in Albury should be aiming for at least -4.94% off the asking price, which is the average vendor discount being achieved at the moment.
Advertised rents are around the $350 mark per week – giving a return of 3.22% based on the median price in Suburb
NSW has seen average median house prices change by 2.36% which means that Albury, 2640 has done well for property investors by showing a capital gain of 6.25% over the last year
Albury,2640 has offered an average of 6.25% return per annum in house price rises to property investors over the last three years.
On average over the past year, suburb has had 2.67 sales per month, which equates to 32 per year.
The NSW suburb of Albury, 2640 is in the Albury (C) local government area.
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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.