The policies impacting property in the NSW state election
Property policies are a headline issue for the NSW state election, with voters going to the polls this weekend. Smart Property Investment ha...
The suburb’s capital gain of -1.61% for the past year is lower than average compared to its 74.29% growth within a five-year period.
Also in ST ALBANS, the median home price is sitting at $610,000, and the average rent at $350, this suggests property owners could potentially earn a 2.98% increase in gross rental yield.
Property investors have seen a -1.61% drop in ST ALBANS based on a decrease 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 8.66% growth over a ten-year period. It ranks 249th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $610,000 | $423,750 |
| GROWTH REPORT | ||
| Median Quarterly | -1.61% | -2.25% |
| Median 12 month | -1.61% | 12.25% |
| Median 3 years | 42.86% | 32.42% |
| Median 5 years | 74.29% | 43.64% |
| 10 years average annual | 8.66% | 6.78% |
| Weekly media advert. rent | $350 | $340 |
| Time on Market | 67.1 days | 47.8 days |
| Gross Rental Yield Percent | 2.98% | 4.17% |
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