Albury is a smaller suburb in New South Wales within the Albury local government area (postcode 2640). With a population of 4,955, the suburb has a mature demographic with a median age of 45. Households earn a median income of $83K per year, with an average household size of 2 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Albury is $980,000, having increased 2.9% over the past year. Units have a median price of $459,000 (-18.2% YoY). The current median weekly rent is $535. This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $1,733.
Albury is served by 8 schools, including 4 primary, 1 secondary, 1 combined, 2 special. The average ICSEA score is 997, which is around the national average of 1,000. Public transport access includes 8 rail stations, 120 bus stops. Healthcare facilities include 1 public and 1 private hospitals. The crime rate in the Albury LGA is moderate at 6,256 incidents per 100,000 population.
From an investment perspective, Albury offers a gross rental yield of 2.8%, rated as low yield. Property prices sit below the state median ($980K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 11.8x is considered stretched. House prices have moved +2.9% year-on-year.
Albury is a smaller suburb in New South Wales within the Albury local government area (postcode 2640). With a population of 4,955, the suburb has a mature demographic with a median age of 45. Households earn a median income of $83K per year, with an average household size of 2 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Albury is $980,000, having increased 2.9% over the past year. Units have a median price of $459,000 (-18.2% YoY). The current median weekly rent is $535. This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $1,733.
Albury is served by 8 schools, including 4 primary, 1 secondary, 1 combined, 2 special. The average ICSEA score is 997, which is around the national average of 1,000. Public transport access includes 8 rail stations, 120 bus stops. Healthcare facilities include 1 public and 1 private hospitals. The crime rate in the Albury LGA is moderate at 6,256 incidents per 100,000 population.
From an investment perspective, Albury offers a gross rental yield of 2.8%, rated as low yield. Property prices sit below the state median ($980K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 11.8x is considered stretched. House prices have moved +2.9% year-on-year.