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Albury, NSW 2640

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Tight Rental MarketStrong Growth

Median House

$950,000

market range $875K-$1.1M

Median Unit

$530,000

market range $475K-$600K

Gross Yield (houses)

3.2%

1yr Growth (houses)

+14.2%

market range +5.0% to +17.5%

Investment snapshot for Albury

Albury has enough public data for first-pass screening across yield, vacancy, price and supply signals.

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Albury market and investor summary

In Albury, NSW 2640, the median house sells for around $950K, on a gross rental yield of 3.2% for houses. House prices have moved +14.2% over the past year and +14.6% over three years. At 1.4% vacancy, it is a tight rental market that favours landlords.

For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 3.2% will not cover holding costs in the early years, so the case leans on price appreciation. Rental demand looks steady, with vacancy at 1.4% and a resident base that is not shrinking.

Living in Albury: people, income and schools

Albury has a resident population of roughly 4,955, and the area has been growing steadily, up about 12% over five years. At a median age of 45, it reads as skewed a little older, and families account for 56% of households.

The typical household income runs to around $83,000 a year (about $1,600 a week). On socio-economic measures it ranks around the national middle on the ABS advantage index (6 out of 10). At current prices a median house runs to a steep 11.4 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 13% over five years, which tends to underpin what local buyers can pay.

Families have 23 schools within roughly 5km to choose from, testing a little above the national school average on ICSEA. Some errands can be done on foot, though a car still helps; the suburb scores 69 for walkability and 23 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Node.

Population
4,955
+12% over 5yr
Median age
45 years
Median household income
$83,000/yr
Households renting
39%
Family households
56%
Socio-economic rank
6/10
ABS advantage index
Schools within 5km
23
avg ICSEA 1058
Unemployment
4.1%
Walk score
69/100

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Albury

No properties currently listed in Albury

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Frequently asked questions about Albury

What should I check before investing in Albury?

Albury has enough public data for first-pass screening across yield, vacancy, price and supply signals. Capital growth of +14.2% in the past year shows strong recent price momentum. Tight rental market (1.4% vacancy) gives landlords pricing power and low rental downtime. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What are typical property prices in Albury?

The median property price in Albury, NSW 2640 is $950K for houses and $530K for units.

What rental yield does Albury show?

The gross rental yield in Albury is 3.2% for houses. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.

What does recent house price growth show for Albury?

House prices in Albury are up 14.2% over the past year and up 14.6% over three years. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.

How tight is the rental market in Albury?

The current vacancy rate in Albury is 1.4%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.

How many people live in Albury?

Albury has a population of approximately 4,955 residents, with a median age of 45.

What schools are near Albury?

There are 23 schools within roughly 5km of Albury. Their average ICSEA is a little above the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Albury affordable to buy in?

A median house in Albury costs about 11.4 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.

Is Albury's population growing?

The population of Albury has grown about 12% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

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