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City of Albany, WA

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The property market in Albany, Western Australia has experienced a change in recent years, with typical house prices increasing significantly.

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The main industries that contribute to Albany’s economy are tourism and agriculture. City of Albany is considered to be a developed LGA with many amenities. There are also many suburbs to choose from, each with its own charm.

The real estate market in Albany is very competitive, with many buyers. One reason for the high demand is that there are a lot of jobs in the city. People who want to move to Albany are attracted by its job opportunities, lifestyle, and quality of life.

A lot of people also move to the city for work. This means that the housing market has become one of the most important factors for this city’s economy. Here are some tips you should know before deciding if it is time to buy a home in Albany or not.

Real estate market in Albany is quite competitive with different buyers coming from different areas and with different backgrounds

Learn more by exploring the real estate data 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.

Have a question? You can either leave a comment below or post it on our forum.

Property Market in City of Albany, WA

What other property markets are there near the City of Albany, WA?

City of Albany borders 1 other council area – Plantagenet.

How many people live in the City of Albany, WA?

The City of Albany has an estimated 38,000 residents living in roughly 15000 dwellings with an average 2.4 people per household.

What are current and planned infrastructure projects in the City of Albany, WA?

There are main future projects such as Albany Ring Road, Water Pipeline, Great Southern Housing Initiative, South Coast Highway. You can find more information on the Western Australia Government website.

What major retailers are there in the City of Albany, WA?

Among the main retailers there are Albony Plaza, Albony Farmers Market, Blush Retail Gallery, Albony Boatshed Markets, South Coast WoodWorks Gallery.

What is the main industry in the City of Albany, WA?

More people who live in the City of Albany work in the Health Care & Social Assistance industry than any other.

What are the dominant demographic groups in the City of Albany, WA?

Among approximately 33,000 people in Albany males and females make up to roughly 49% and 51% respectively. The median age of people in Albany (Significant Urban Areas) is 43 years. Children aged 0-14 years account for 18.5% of the population, and those aged 65+ years account for 21.0%.

How is unemployment rate trending in the City of Albany, WA?

The unemployment rates for the Albany LGA is approximately 5%.

Suburbs/localities in this Local Government Area: Emu Point 6330, Redmond West 6327, Redmond 6327, Green Valley 6330, Torndirrup 6330, Nanarup 6330, Kalgan 6330, Napier 6330, Manypeaks 6328, Cheynes 6328, Green Range 6328, Mettler 6328, Kojaneerup South 6328, Wellstead 6328, Gnowellen 6328, Sandpatch 6330, Nullaki 6330, Youngs Siding 6330, Kronkup 6330, Torbay 6330, Elleker 6330, Marbelup 6330, Drome 6330, Willyung 6330, Palmdale 6328, South Stirling 6324, Lowlands 6330, Bornholm 6330, West Cape Howe 6330, Robinson 6330, Big Grove 6330, Gledhow 6330, Mckail 6330, Collingwood Heights 6330, Warrenup 6330, Lange 6330, Millbrook 6330, Cuthbert 6330, Goode Beach 6330, Little Grove 6330, Albany 6330, Centennial Park 6330, Mount Clarence 6330, Port Albany 6330, Seppings 6330, Mira Mar 6330, Vancouver Peninsula 6330, Yakamia 6330, Spencer Park 6330, Milpara 6330, Walmsley 6330, Bayonet Head 6330, King River 6330, Lower King 6330, Lockyer 6330, Mount Elphinstone 6330, Frenchman Bay 6330, Mount Melville 6330, Middleton Beach 6330, Orana 6330, Collingwood Park 6330

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