Springdale Heights is a smaller suburb in New South Wales within the Albury local government area (postcode 2641). With a population of 2,644, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $63K per year, with an average household size of 2.4 people. The most common occupations are technicians & trades, labourers, community & personal service. The top ancestries reported are Australian, English, Irish.
The median house price in Springdale Heights is $576,000, having declined 6.8% over the past year. Units have a median price of $308,000 (+14.7% YoY). The current median weekly rent is $480. This gives a gross rental yield of approximately 4.3%. The median monthly mortgage repayment is $1,517.
Public transport access includes 15 bus stops. The crime rate in the Albury LGA is moderate at 6,256 incidents per 100,000 population.
From an investment perspective, Springdale Heights offers a gross rental yield of 4.3%, rated as moderate yield. Property prices sit below the state median ($576K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.2x is considered moderate. House prices have moved -6.8% year-on-year.
Springdale Heights is a smaller suburb in New South Wales within the Albury local government area (postcode 2641). With a population of 2,644, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $63K per year, with an average household size of 2.4 people. The most common occupations are technicians & trades, labourers, community & personal service. The top ancestries reported are Australian, English, Irish.
The median house price in Springdale Heights is $576,000, having declined 6.8% over the past year. Units have a median price of $308,000 (+14.7% YoY). The current median weekly rent is $480. This gives a gross rental yield of approximately 4.3%. The median monthly mortgage repayment is $1,517.
Public transport access includes 15 bus stops. The crime rate in the Albury LGA is moderate at 6,256 incidents per 100,000 population.
From an investment perspective, Springdale Heights offers a gross rental yield of 4.3%, rated as moderate yield. Property prices sit below the state median ($576K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.2x is considered moderate. House prices have moved -6.8% year-on-year.