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East Albury, NSW 2640

Home » NSW Real Estate Data » Albury City Council, NSW » East Albury, NSW 2640

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for East Albury, NSW 2640 to help you make an informed decision about your property choice in this suburb.





Market Snapshot

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

Buy 

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Rent 

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Yield 

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Buy 

1BR

2BR

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Rent 

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Yield 

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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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0 thoughts on “East Albury, NSW 2640”

  1. The total adult population (15 years or older) of East Albury 2640 NSW is 5,160, with a median age of 40. Of those, 43.99% are married, 12.98% are divorced or separated, 35.85% are single and 7.17% are widowed.

    The average household size is 2.2 people per dwelling, and the median household monthly income is estimated to be $8,600. The median monthly mortgage repayment for households in this suburb is $1,560 which is 18.14% of their earnings.

    Source: ABS Census Data (2021)

  2. EAST ALBURY 2640, located in NSW, is a suburb containing an estimate of 3273 households. As demonstrated by Q3 2023 figures, the typical price for houses hits around the $790163 mark, accompanied by a median weekly rent sitting at $468. This result forms an indicative yield of 3.08%.

    The suburb exhibits a strong socio-economic status, boasting an IRSAD score of 1003 out of a possible 1217. This reflects an environment of prosperity, accessibility to economic resources, and a collection of skilled professions.

    Homeownership is favoured in the area, apparent in the renter to owner ratio of 34%, situated within an acceptable boundary for property investment. Investment is further favoured by a units to houses ratio at a low 21%, indicating a more house dominated market. This aspect is known to traditionally attract more families and long-term residents.

    However, home affordability in EAST ALBURY may be a hurdle for some potential investors or dwellers. The affordability index stretches to 36 years, exceeding the standard 30-year mortgage period and indicating a less affordable market.

    On a brighter note, the suburb proves to have a highly favourable housing supply. The stock on market Percentage is a mere 0.08%, and inventory levels stand at 0.28 months; both figures outlining an enticingly low supply. This metric may pique the interest of property investors due to increased chances of favourable sale or rental prices. building approvals Ratio follows at a low 1.23%, thus support low supply levels.

    EAST ALBURY also illustrates a thriving demand. Houses only spend an average of 22 days on market before acquisition. This combined with a fairly low vacancy rate at 1.71% suggests a suburb with a healthy turnover. The buy search index for houses is 4, indicating that although demand may not be exceedingly high, it remains steady.

    While every real estate market has its unique quirks and challenges, EAST ALBURY strikes a favourable balance for property investors, as indicated by HtAG Analytics’ RCS. Supply and demand indicators suggest potential for capital gains and positive cash flow in EAST ALBURY 2640.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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