House Prices A ‘time Bomb’ Ready To Erupt In The Absence Of Immediate Intervention
Australia’s housing system is not working for the economy and an immediate overhaul is needed, a new report has allege...
The suburb’s capital gain of 12.05% for the past year is higher than average compared to its 42.13% growth within a five-year period.
Also in ALBURY, the median home price is sitting at $632,500, and the average rent at $400, this suggests property owners could potentially earn a 3.29% increase in gross rental yield.
Property investors have seen a 5.42% gain in ALBURY based on an increase in median home prices for the past three months.
They believe that homeowners and real estate investors betting on ALBURY, 2640 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 12.05%.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 5.86% growth over a ten-year period. It ranks 1460th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||12.05%||3.39%|
|Median 3 years||24.02%||0%|
|Median 5 years||42.13%||19.61%|
|10 years average annual||5.86%||2.89%|
|Weekly media advert. rent||$400||$290|
|Time on Market||73.6 days||74.6 days|
|Gross Rental Yield Percent||3.29%||4.94%|