Property market update: Sydney, March 2020
The whole world halted in March with the emergence of an unprecedented health crisis. How will the Sydney property market fare moving forwar...
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The suburb’s capital gain of 7.77% for the past year is higher than average compared to its 32.14% growth within a five-year period.
Also in ALBURY, the median home price is sitting at $555,000, and the average rent at $355, this suggests property owners could potentially earn a 3.33% increase in gross rental yield.
Property investors have seen a 8.08% 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 5.34% growth over a ten-year period. It ranks 1871st on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $555,000 | $295,000 |
| GROWTH REPORT | ||
| Median Quarterly | 8.08% | 5.36% |
| Median 12 month | 7.77% | 1.72% |
| Median 3 years | 19.87% | 10.49% |
| Median 5 years | 32.14% | 14.45% |
| 10 years average annual | 5.34% | 4.21% |
| Weekly media advert. rent | $355 | $252.5 |
| Time on Market | 86.0 days | 105.1 days |
| Gross Rental Yield Percent | 3.33% | 4.45% |
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