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The suburb’s capital gain of -6.45% for the past year is lower than average compared to its 25.31% growth within a five-year period.
Also in ALBURY, the median home price is sitting at $507,500, and the average rent at $345, this suggests property owners could potentially earn a 3.53% increase in gross rental yield.
Property investors have seen a -7.94% drop in ALBURY based on a decrease 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 4.13% growth over a ten-year period. It ranks 1816th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $507,500 | $280,000 |
| GROWTH REPORT | ||
| Median Quarterly | -7.94% | 0.72% |
| Median 12 month | -6.45% | -5.08% |
| Median 3 years | 13.03% | 19.15% |
| Median 5 years | 25.31% | 15.46% |
| 10 years average annual | 4.13% | 4.21% |
| Weekly media advert. rent | $345 | $250 |
| Time on Market | 72.3 days | 107.8 days |
| Gross Rental Yield Percent | 3.53% | 4.64% |
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