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South Albury, NSW 2640

Home » NSW Real Estate Data » Albury City Council, NSW » South 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 South 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 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

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 “South Albury, NSW 2640”

  1. The total adult population (15 years or older) of South Albury 2640 NSW is 1,207, with a median age of 40. Of those, 27.17% are married, 17.98% are divorced or separated, 49.88% are single and 4.97% are widowed.

    The average household size is 1.8 people per dwelling, and the median household monthly income is estimated to be $7,188. The median monthly mortgage repayment for households in this suburb is $1,408 which is 19.59% of their earnings.

    Source: ABS Census Data (2021)

  2. SOUTH ALBURY 2640, a suburb in NSW, is home to an estimated 1,152 households. By Q3 of 2023, house prices in SOUTH ALBURY average around $682,955. With a median weekly rent of $419, the result is an indicative yield of 3.19% – a yield that meets the minimum attractive market requirement for cashflow-centred property investors.

    From a socio-economic perspective, SOUTH ALBURY holds an IRSAD score of 910 out of 1,217. This signifies a solid socio-economic standing, indicating a locality with decent access to economic resources and a population with skilled professions. One factor for investors to note is the relatively high renter to owner ratio at 56%. While it exceeds the ideal 30%, opportunities may exist for investors to capitalise on the rental market.

    Interestingly, the units to houses ratio stands at 27%, providing an almost even balance between the property types. This balanced mix generally helps foster longer tenancy periods and a more family-friendly environment.

    The affordability index for the area is on the higher side at 37 years. This figure is above the standard 30-year mortgage duration and suggests a lesser degree of affordability. Nevertheless, this could signal higher property values and potential for capital growth.

    When we turn to supply metrics, SOUTH ALBURY presents a favourable landscape with a stock on market Percentage and building approvals Ratio for houses respectively at 0.16% and 0.17%. These low figures suggest a low supply market – a condition that can prove advantageous for property owners. Correspondingly, the inventory level stands at 1.33 months, further affirming the low supply status.

    On the demand side of things, houses here spend an average of 40 days on the market, indicating a moderately-high demand. The suburb has a vacancy rate of 1.53%, falling within the neutral zone, which means there’s a reasonable balance between supply and demand here. A buy search index of 4 signifies near-average demand.

    While considering individual metrics is important, keep a keen eye on market trends and how these indicators move over time. If the majority of indicators lean favourable, some in the unfavourable range should not deter you from investing.

    Finally, remember HtAG Analytics’ Relative Composite Score (RCS) integrates these considerations and many more metrics for a comprehensive, automated research to aid your investment decisions.

    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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