Thurgoona is a well-established suburb in New South Wales within the Albury local government area (postcode 2640). With a population of 11,028, the suburb has a mix of young professionals and families with a median age of 34. Households earn a median income of $102K per year, with an average household size of 2.8 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are Australian, English, Irish.
The median house price in Thurgoona is $710,000, having grown strongly 9.2% over the past year. Units have a median price of $140,000 (-70.5% YoY). The current median weekly rent is $535. This gives a gross rental yield of approximately 3.9%. The median monthly mortgage repayment is $1,625.
Thurgoona is served by 3 schools, including 1 primary, 2 combined. The average ICSEA score is 1046, which is around the national average of 1,000. Public transport access includes 172 bus stops. The crime rate in the Albury LGA is moderate at 6,256 incidents per 100,000 population.
From an investment perspective, Thurgoona offers a gross rental yield of 3.9%, rated as moderate yield. Property prices sit below the state median ($710K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.0x is considered moderate. House prices have moved +9.2% year-on-year.
Thurgoona is a well-established suburb in New South Wales within the Albury local government area (postcode 2640). With a population of 11,028, the suburb has a mix of young professionals and families with a median age of 34. Households earn a median income of $102K per year, with an average household size of 2.8 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are Australian, English, Irish.
The median house price in Thurgoona is $710,000, having grown strongly 9.2% over the past year. Units have a median price of $140,000 (-70.5% YoY). The current median weekly rent is $535. This gives a gross rental yield of approximately 3.9%. The median monthly mortgage repayment is $1,625.
Thurgoona is served by 3 schools, including 1 primary, 2 combined. The average ICSEA score is 1046, which is around the national average of 1,000. Public transport access includes 172 bus stops. The crime rate in the Albury LGA is moderate at 6,256 incidents per 100,000 population.
From an investment perspective, Thurgoona offers a gross rental yield of 3.9%, rated as moderate yield. Property prices sit below the state median ($710K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.0x is considered moderate. House prices have moved +9.2% year-on-year.