South Albury is a small community in New South Wales within the Albury local government area (postcode 2640). With a population of 1,372, the suburb has an established demographic with a median age of 40. Households earn a median income of $60K per year, with an average household size of 1.8 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in South Albury is $830,000, having surged 14.5% over the past year. Units have a median price of $430,000 (+50.9% YoY). The current median weekly rent is $535. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $1,408.
Public transport access includes 29 bus stops. The crime rate in the Albury LGA is moderate at 6,256 incidents per 100,000 population.
From an investment perspective, South Albury offers a gross rental yield of 3.4%, rated as moderate yield. Property prices sit below the state median ($830K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 13.9x is considered stretched. House prices have moved +14.5% year-on-year.
South Albury is a small community in New South Wales within the Albury local government area (postcode 2640). With a population of 1,372, the suburb has an established demographic with a median age of 40. Households earn a median income of $60K per year, with an average household size of 1.8 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in South Albury is $830,000, having surged 14.5% over the past year. Units have a median price of $430,000 (+50.9% YoY). The current median weekly rent is $535. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $1,408.
Public transport access includes 29 bus stops. The crime rate in the Albury LGA is moderate at 6,256 incidents per 100,000 population.
From an investment perspective, South Albury offers a gross rental yield of 3.4%, rated as moderate yield. Property prices sit below the state median ($830K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 13.9x is considered stretched. House prices have moved +14.5% year-on-year.