ST ALBANS ranks 40th in VIC when it comes to estimated capital gains experienced by property investors over the past three years.
The suburb’s capital gain of 13.82% for the past year is lower than average compared to its 80.4% growth within a five-year period.
This figures put the ATC suburb in the ranks of the best performing suburbs in Australia in terms of capital gains.
Also in ST ALBANS, the median home price is sitting at $626,000, and the average rent at $350, this suggests property owners could potentially earn a 2.91% increase in gross rental yield.
Property investors have seen a 0.97% gain in ST ALBANS based on an increase in median home prices for the past three months.
They believe that homeowners and real estate investors betting on ST ALBANS, 3021 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 13.82%.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 9.99% growth over a ten-year period. It ranks 3rd on our list of suburbs that property investors should look into.
A 23.74% increase in median property prices in ST ALBANS, 3021 has allowed this suburb to join the ranks of best performing suburbs in VIC, settling at number 38th.
A steady increase in median property prices over a five-year period in ST ALBANS, 3021 translates to a 41.36% capital gain.
ST ALBANS, 3021 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 $417,000.
Augmented property values in ST ALBANS are trailing above the VIC average of 7.89% for the past year.
Real estate investors could earn a rental income of $325 based on current median home prices for the suburb.
Home owners selling their properties and realtors in ST ALBANS usually have to wait an average of 45.0 days days before their assets are lifted off the market.
ST ALBANS ranks 167th on the list of best yielding suburbs for rental properties in VIC, posting a 4.05% return.
ST ALBANS, 3021 places 39th in Australia based on median property value growth during the quarter.