AREA REPORTS

North Albury

NSW/
North albury

Suburb Profile

North Albury - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2640

house
unit

A steady increase in median property prices over a five-year period in the suburb translates to a 10.13% capital gain.

Property investors in NORTH ALBURY enjoyed capital gains of 7.56% over the last 12 months translating to lower returns compared with its peers in the territory.

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $242,000.

Profits due to an upward trend in home prices there averaged 3.38% per annum over a 3-year period.

Home owners selling their properties and realtors in NORTH ALBURY usually have to wait an average of 73.1 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $280 mark, reflecting a 6.02% increase in returns based on the current median price in NORTH ALBURY.

NORTH ALBURY, 2640 places 273rd in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $242,000 $172,500
GROWTH REPORT
Median Quarterly 2.43% 1.47%
Median 12 month 7.56% 38%
Median 3 years 10.13% -18.05%
Median 5 years 21% 48.71%
10 years average annual 1.63% 8.93%
Weekly media advert. rent $280 $185
Time on Market 73.1 days 109.3 days
Gross Rental Yield Percent 6.02% 5.58%
demographics (median values)
Total Population
6446
Weekly Household Income
723.8
Household Size
2.30
demographics
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