Mortgage Broker Albury

Mortgage Broker Albury | Home Loans

Albury is an Australian city in southern New South Wales. It sits on the border with Victoria and is separated from its twin city Wodonga by the beautiful Murray River. Together, the two cities form an urban area with a population of roughly 93,000.

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A steady increase in median property prices over a five-year period in the suburb translates to a 57.8% capital gain.

Property investors in NORTH ALBURY enjoyed capital gains of 9.67% 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 19.27% per annum over a 3-year period.

Home owners selling their properties and realtors in NORTH ALBURY usually have to wait an average of 70.7 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $420 mark, reflecting a 4.91% increase in returns based on the current median price in NORTH ALBURY.

NORTH ALBURY, 2640 places 309th in Australia based on median property value growth during the quarter.

*As at 24/7/2024 (Data sourced from Realestate.com.au/Core Logic & Smart Property Investment)

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Mortgage Broker Albury