West Albury has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of -4.51% to date .
Across a shorter period, West Albury, 2640 has seen a median price increase of 1.77% over the last quarter.
West Albury, 2640 is offering NSW ‘s 379th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this NSW.
At number 2194 in a list of fastest selling suburbs, West Albury is in the bottom 40% of suburbs in Australia with an average of days on market 84.0741 for properties listed there.
West Albury is 192th on a list of best yielding suburbs for rents in NSW with a 4.91% return
NSW has seen average median house prices change by -0.92% which means that West Albury, 2640 has not done well for property investors by showing a capital gain of -5.24% over the last year
Over the longer term, West Albury has seen property prices show investors a -5.73% return over the last 3 years. This is an improvement over the last 12 months
Property investors looking for a bargain in West Albury should be aiming for at least -8.22% off the asking price, which is the average vendor discount being achieved at the moment.
At number 1307 in a list of fastest selling suburbs, West Albury is in the bottom 10% of suburbs in Australia with an average of days on market 128.091 for properties listed there.
Advertised rents are around the $250 mark per week – giving a return of 5.75% based on the median price in Suburb