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2 MIN READThe Property Policies Both Major Parties Are Peddling
Today’s (21 May) the last day for Australians to vote in the federal election. Here, we’ll be recapping the major pr...
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AlbanvaleAlbanvale - SUBURB PROFILE REPORT
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Based on its average 5-year and quarterly capital gains ALBANVALE, 3021 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that ALBANVALE, 3021 obtained a 7.07% growth over a ten-year period. It ranks 1405th on our list of suburbs that property investors should look into.
ALBANVALE, 3021 in VIC belongs to the local government area of Brimbank (C).
ALBANVALE, 3021 has a capital gain of 9.55% for the past year, which is higher than average compared to its 36.93% growth within a five-year period.
With the median home price in ALBANVALE sitting at $602,500, and the average rent at $350, property owners could potentially earn a 3.02% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in ALBANVALE are low, as opposed to average gains per annum over the past five years.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $602,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0.42% | N/A |
| Median 12 month | 9.55% | N/A |
| Median 3 years | 10.75% | N/A |
| Median 5 years | 36.93% | N/A |
| 10 years average annual | 7.07% | N/A |
| Weekly media advert. rent | $350 | N/A |
| Time on Market | 63.2 days | N/A |
| Gross Rental Yield Percent | 3.02% | N/A |
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