Suburb Profile Report for East Albury NSW (2640)

East Albury House: Median price $410,000, Annual capital growth 4.07%, Number of sales 119, Weekly median advertised rent $325

East Albury Unit: Median price $180,000, Annual capital growth 3.63%, Number of sales 26, Weekly median advertised rent $230

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in East Albury, 2640 should be pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 13.89%

If we look at median property appreciation over just the last three months, East Albury has given property investors a paper return of 9.92%. This puts Suburb as 84 on a list of fastest fasting appreciating suburbs in NSW

Vendor discounting in East Albury is giving property investors an average Vendor Discount of around -4.11%. This puts suburb at number 922th in NSW when ranking the most discounted suburbs.

Advertised rents are around the $325 mark per week – giving a return of 4.12% based on the median price in Suburb

At number 345th in the list of Australian suburbs ordered by increase in median house value over the last year, East Albury, 2640 is in the top 20% with a property value increase of 11.11% recorded in median house prices.

When looking at the potential capital gains offered to property investors over the last 3 years, East Albury comes in at number 520th in NSW.

East Albury, 2640 is offering NSW ‘s 224th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this NSW.

Property investors should expect to get $230 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$410,000 $180,000
9.92% 2.86%
13.89% 11.11%
4.07% 3.63%
$325 $230
119 26
4.12% 6.64%
72.33 64.6

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 6246
Median household income ($/weekly) 1141
Median age of persons 37
Median housing loan repayment ($/monthly) 1625
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 772 12.4
    25-34 years 885 14.2
    35-44 years 843 13.5
    45-54 years 812 13.0
    55-64 years 674 10.8
    Others 2261 36.2
    Age Group
    Census Count Percent(%)
    Registered Married 2163 47.5
    Not Married 1908 41.9
    Defacto Relationship 483 10.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 5306 89.5
    Indonesia 78 1.3
    Papua New Guinea 59 1.0
    United Kingdom 167 2.8
    Other 114 1.9
    Others 203 3.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 68 1.2
    Christianity 4321 75.2
    Hinduism 50 0.9
    Islam 39 0.7
    No Religion 1230 21.4
    Others 37 0.6
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 251 10.9
    $600-$799 253 11.0
    $800-$999 222 9.6
    $1,000-$1,249 226 9.8
    $1,500-$1,999 270 11.7
    Others 1079 46.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1986 41.2
    Not in the labour force 1513 31.4
    Employed, worked part-time 965 20.0
    Employed, away from work 203 4.2
    Unemployed, looking for work 154 3.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 391 12.4
    Professionals 777 24.6
    Technicians & trades workers 467 14.8
    Community & personal service workers 331 10.5
    Clerical & administrative workers 438 13.9
    Others 749 23.8
    Occupation
    Census Count Percent(%)
    Pre-school 118 7.9
    Infants/Primary 473 31.7
    Secondary 383 25.7
    Technical or Further Educational Institution 203 13.6
    University or other Tertiary Institutions 269 18.0
    Others 45 3.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4903 84.2
    Flat, unit or apartment 771 13.2
    Semi-detached, row or terrace house, townhouse 146 2.5
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 870 35.5
    Rented 787 32.1
    Fully owned 743 30.4
    Other tenure type 48 2.0
    Tenure Type
Census 2011, ABS
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