Albury City Council, NSW

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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Capital Growth Heatmap

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.

Buy

2BR

3BR

4BR

5BR

Typical Price for houses in this council area. Percent changes indicate Year on Year growth or decline in house values. Council area house prices are calculated by averaging Typical Price of all suburbs within the area. Typical Price is a more accurate metric than Median Price.

Rent

2BR

3BR

4BR

5BR

Median Weekly Rent for houses in this council area. Percent changes indicate Year on Year growth or decline in rental prices. Calculated via median value formula applied to rental prices from online listings.

Yield

2BR

3BR

4BR

5BR

Yearly Gross Yield for houses in this council area. Calculated by multiplying the Median Rent by 52 and dividing the resulting value by Typical Price. Percent changes indicate Year on Year growth or decline in Gross Yield for houses.

Buy

1BR

2BR

3BR

Typical Price for units in this council area. Percent changes indicate Year on Year growth or decline in unit values. Council area house prices are calculated by averaging Typical Price of all suburbs within the area. Typical Price is a more accurate metric than Median Price.

Rent

1BR

2BR

3BR

Median Weekly Rent for units in this council area. Percent changes indicate Year on Year growth or decline in rental prices. Calculated via median value formula applied to rental prices from online listings.

Yield

1BR

2BR

3BR

Yearly Gross Yield for units in this council area. Calculated by multiplying the Median Rent by 52 and dividing the resulting value by Typical Price. Percent changes indicate Year on Year growth or decline in Gross Yield for units.

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Yield chart
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Demand chart
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Index chart

How to use this Dashboard

This interactive dashboard illustrates the trends for key real estate metrics in the area. Use these metrics to determine potential return on investment from this property market and its’ sub-markets.

Upgrade to Personal Plan to unlock the trend forecast section on the Price, Rent & Yield graphs.

Get the Professional Subscription to see trends for advanced property market metrics that indicate real estate demand and supply in this LGA.

Upgrade to Professional Plan to see Growth Rate Cycle data.
GRC chart

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.

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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