With a capital gain of 0.61% for the last 12 months, Albion, 3020 has performed for property investments than its average annual 7.69% property growth over the last 5 years.
Taking the average capital gain, or increase in median house value, Albion,3020 has racked up an average of 0.61% over the period. This ranks it number 1289th in the whole country for real estate investors looking at median house price increases.
Albion is 475th on a list of best yielding suburbs for rents in VIC with a 2.87% return
Property investors who have had real estate in Albion, 3020 should be pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 21.11%
The five-year average increase in median property values for Albion,3020 has given property investors a potential capital gain of 93.21% across each of those five years.
Sellers are offering property buyers an average discount of -6.59% to buyers in Albion at the moment, which is less than average for the rest of VIC.
Often selling an investment property can take time, and in Albion the average time real estate has been on the market is 74.2093 days.
Albion is 196th on a list of best yielding suburbs for rents in VIC with a 3.94% return