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West Albury
AREA REPORTS

West Albury

West Albury - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2640

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Homeowners and real estate investors betting on WEST ALBURY, 2640 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 23.96%.

A steady increase in median property prices over a five-year period in the suburb translates to a 25.71% capital gain.

Property investors in WEST ALBURY enjoyed capital gains of 23.96% 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 $445,000.

Profits due to an upward trend in home prices there averaged 8.57% per annum over a 3-year period.

Home owners selling their properties and realtors in WEST ALBURY usually have to wait an average of 61.1 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $355 mark, reflecting a 4.15% increase in returns based on the current median price in WEST ALBURY.

WEST ALBURY, 2640 places th in Australia based on median property value growth during the quarter.

Data report can be found below

West Albury
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $445,000 $268,000
GROWTH REPORT
Median Quarterly 0% 11.67%
Median 12 month 23.96% 16.52%
Median 3 years 25.71% 16.52%
Median 5 years 39.06% 30.73%
10 years average annual 4.66% 2.81%
Weekly media advert. rent $355 $270
Time on Market 61.1 days 0.0 days
Gross Rental Yield Percent 4.15% 5.24%
demographics (median values)*
Total Population
36343
Weekly Household Income
1313
Household Size
2.40
Age
39
Monthly Loan Repayment
1517
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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