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Albury City Council, NSW

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The City of Albury is a local government area in New South Wales, located in the Riverina region about 460 kilometres south-west of Sydney. The local property market is a mix of rural and suburban areas.

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The Albury economy is based on agriculture, manufacturing, and tourism. Agriculture is the main industry in the LGA, with crops such as wheat, barley, and canola grown in the surrounding region. Professionals account for 19.7 % of employment in Albury, followed by technicians and trades workers (14.7 %), clerical and administrative workers (13.1 %), community and personal service workers (12.3 %), and managers (10.9 %).

In Albury, the typical weekly personal income for residents aged 15 years and older is $642.

There are many affordable housing options available, and the market is growing quickly. In Albury, 80.2 % of occupied private homes are detached houses, 17.0 % are semi-detached, row or terrace houses, townhouses, or other dwellings, 1.9 % are flats or apartments, and 0.5 % are other housing.

The market is mainly made up of owner-occupied homes, with a small percentage of rental properties. The average property prices are quite low, making it a popular destination for first-time home buyers.

The area is growing, with new infrastructure and development projects underway, and is expected to continue to grow in the future. The rental market is also strong, with good demand for rental properties.

Investors can expect to achieve good returns in the Albury, NSW property market, with stable values and healthy rental yields. The market is considered to be a good option for long-term investment, with good prospects for capital growth in the future.

Discover the latest trends in Albury suburbs with the help of interactive dashboard below.

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Suburb Heatmap Analysis

Property Market Snapshot

This page provides an overview of the LGA real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this council area. You are able to drill down to suburb-level data and charts which visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

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Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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Property Market in Albury City Council, NSW

What other property markets are there near Albury City Council, NSW?

Albury City Council is surrounded by 3 other council areas – Greater Hume, Towong Shire, Wodonga city.

How many people live in Albury City Council, NSW?

There are approximately 51000 people living in roughly 23000 dwellings in total, with an average household size of 2.3.

What are current and planned infrastructure projects in Albury City Council, NSW?

Notable infrastructure projects include Bungambrawatha Creek Outfall, Airport Precinct Expansion, Solar Lights on Wagirra Trail, PumpHouse Maker Space & Artist Workshop.

What major retailers are there in Albury City Council, NSW?

The main retail centres are Albury Shopping Centre, Myer Centrepoint, City Walk Arcade, West End Plaza, Myer Albury.

What are the dominant demographic groups in Albury City Council, NSW?

Among approximately 51000 people in Albury City Council males and females make roughly 48% and 52% respectively. The median age of people is 39 years. Children aged 0-14 years account for approximately 19% of the population, and those aged 65+ years account for 18%.

How is unemployment rate trending in Albury City Council, NSW?

Among approximately 25000 people employed, roughly 55% work full-time, 33% work part-time, and an estimated 7% are unemployed.

Suburbs/localities in this Local Government Area: East Albury 2640, Ettamogah 2640, Glenroy 2640, Hamilton Valley 2641, Lake Hume Village 3691, Lavington 2641, Albury 2640, North Albury 2640, South Albury 2640, Splitters Creek 2640, Springdale Heights 2641, Thurgoona 2640, West Albury 2640, Wirlinga 2640

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