Suburb Profile Report for North Albury NSW (2640)

North Albury House: Median price $230,000, Annual capital growth 1.84%, Number of sales 139, Weekly median advertised rent $260

North Albury Unit: Median price $194,300, Annual capital growth 11.89%, Number of sales 14, Weekly median advertised rent $225

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

Source: CoreLogic

  • House Report
  • Unit Report

Giving property investors a an average capital gain of 4.55% for the last year, North Albury, 2640 is the 2013th highest performer in Australia in this respect.

Across a shorter period, North Albury, 2640 has seen a median price increase of 1.77% over the last quarter.

Our latest figures would indicate that property sellers in North Albury are currently offering property investors an average price cut of -6.06% below the asking price at the moment.

North Albury, 2640’s gross rental yield is 5.88%

North Albury is in the TOP 10% in NSW when comparing median price capital growth over the last year. North Albury gave property investors a very good capital gain figure when compared to the rest of the state, with 23.37%.

Comparing North Albury,2640 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

North Albury2640 is located in NSW which offers an average discount of -4.48% to property investors. North Albury itself is showing figures that indicate -9.70% is the average achievable by property buyers investing in the suburb.

With the median price for a house in North Albury being $194300 and the advertised rent reaching $225 the gross rental yield for property investors calculates out to be 6.02%

HOUSE UNIT
$230,000 $194,300
1.77% -0.44%
4.55% 23.37%
1.84% 11.89%
$260 $225
139 14
5.88% 6.02%
83.45 116.4

Source: CoreLogic

DSR Score for property investment : Balanced (U), Above average (H)
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Demographics
Total population 5976
Median household income ($/weekly) 802
Median age of persons 37
Median housing loan repayment ($/monthly) 1300
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 797 13.3
    25-34 years 743 12.4
    35-44 years 797 13.3
    45-54 years 764 12.8
    55-64 years 616 10.3
    Others 2259 37.8
    Age Group
    Census Count Percent(%)
    Not Married 2132 50.5
    Registered Married 1656 39.3
    Defacto Relationship 431 10.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 4936 89.7
    Greece 43 0.8
    Papua New Guinea 65 1.2
    United Kingdom 137 2.5
    Other 149 2.7
    Others 175 3.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 73 1.4
    Christianity 3878 72.8
    Hinduism 86 1.6
    Other Religious Groups 29 0.5
    No Religion 1238 23.2
    Others 25 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 273 12.8
    $400-$599 351 16.5
    $600-$799 259 12.2
    $800-$999 216 10.2
    $1,500-$1,999 219 10.3
    Others 809 38.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1834 41.5
    Employed, worked full-time 1437 32.5
    Employed, worked part-time 766 17.3
    Unemployed, looking for work 223 5.0
    Employed, away from work 157 3.6
    Person Characteristics
  • Census Count Percent(%)
    Professionals 346 14.6
    Technicians & trades workers 386 16.3
    Community & personal service workers 287 12.2
    Clerical & administrative workers 319 13.5
    Labourers 353 14.9
    Others 671 28.4
    Occupation
    Census Count Percent(%)
    Pre-school 95 7.0
    Infants/Primary 469 34.4
    Secondary 392 28.8
    Technical or Further Educational Institution 237 17.4
    University or other Tertiary Institutions 150 11.0
    Others 20 1.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4851 89.1
    Flat, unit or apartment 429 7.9
    Semi-detached, row or terrace house, townhouse 142 2.6
    Caravan, cabin, houseboat 23 0.4
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 867 37.9
    Being purchased 761 33.3
    Fully owned 652 28.5
    Other tenure type 7 0.3
    Tenure Type
Census 2011, ABS
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