At number 1883th in the list of Australian suburbs ordered by increase in median house value over the last year, South Albury, 2640 is in the top half with a property value increase of 1.02% recorded in median house prices.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in South Albury has increased when compared to the 5 year average annual rate.
South Albury is 210th on a list of best yielding suburbs for rents in NSW with a 4.81% return
Over the last year, property investments in South Albury, 2640 have given investors a capital gain of -2.33%. This compares averagely with the -0.92% for NSW as a whole.
In the last year 10 properties changed hands in South Albury, which puts it as the 559th most active market in NSW when comparing the number of sales per suburb.
With the median price for a house in South Albury being $210000 and the advertised rent reaching $202.5 the gross rental yield for property investors calculates out to be 5.01%