4 lessons from 4 commercial property deals
Rethink Investing’s Scott O’Neill looks back at his most recent commercial property deals and pinpoints valuable lessons investors can l...
The suburb’s capital gain of 8.26% for the past year is higher than average compared to its 25.53% growth within a five-year period.
Also in ALBURY, the median home price is sitting at $590,000, and the average rent at $380, this suggests property owners could potentially earn a 3.35% increase in gross rental yield.
Property investors have seen a 7.27% gain in ALBURY based on an increase in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 5.05% growth over a ten-year period. It ranks 2477th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $590,000 | $282,500 |
| GROWTH REPORT | ||
| Median Quarterly | 7.27% | -4.24% |
| Median 12 month | 8.26% | -6.15% |
| Median 3 years | 15.23% | 4.63% |
| Median 5 years | 25.53% | 10.78% |
| 10 years average annual | 5.05% | 2.21% |
| Weekly media advert. rent | $380 | $270 |
| Time on Market | 80.4 days | 74.9 days |
| Gross Rental Yield Percent | 3.35% | 4.97% |
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One word: commercial. ...
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