North Albury is a mid-sized suburb in New South Wales within the Albury local government area (postcode 2640). With a population of 6,232, the suburb has an established demographic with a median age of 38. Households earn a median income of $60K per year, with an average household size of 2.2 people. The most common occupations are community & personal service, technicians & trades, professionals. The top ancestries reported are English, Australian, Irish.
The median house price in North Albury is $590,000, having grown strongly 7.1% over the past year. Units have a median price of $358,000 (+7.5% YoY). The current median weekly rent is $535. This gives a gross rental yield of approximately 4.7%. The median monthly mortgage repayment is $1,170.
North Albury is served by 6 schools, including 2 primary, 2 secondary, 2 special. The average ICSEA score is 940, which is below the national average of 1,000. Public transport access includes 103 bus stops. The crime rate in the Albury LGA is moderate at 6,256 incidents per 100,000 population.
From an investment perspective, North Albury offers a gross rental yield of 4.7%, rated as moderate yield. Property prices sit below the state median ($590K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.8x is considered moderate. House prices have moved +7.1% year-on-year.
North Albury is a mid-sized suburb in New South Wales within the Albury local government area (postcode 2640). With a population of 6,232, the suburb has an established demographic with a median age of 38. Households earn a median income of $60K per year, with an average household size of 2.2 people. The most common occupations are community & personal service, technicians & trades, professionals. The top ancestries reported are English, Australian, Irish.
The median house price in North Albury is $590,000, having grown strongly 7.1% over the past year. Units have a median price of $358,000 (+7.5% YoY). The current median weekly rent is $535. This gives a gross rental yield of approximately 4.7%. The median monthly mortgage repayment is $1,170.
North Albury is served by 6 schools, including 2 primary, 2 secondary, 2 special. The average ICSEA score is 940, which is below the national average of 1,000. Public transport access includes 103 bus stops. The crime rate in the Albury LGA is moderate at 6,256 incidents per 100,000 population.
From an investment perspective, North Albury offers a gross rental yield of 4.7%, rated as moderate yield. Property prices sit below the state median ($590K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.8x is considered moderate. House prices have moved +7.1% year-on-year.