Suburb Profile Report for South Albury NSW (2640)

South Albury House: Median price $315,000, Annual capital growth 3.53%, Number of sales 21, Weekly median advertised rent $280

South Albury Unit: Median price $430,000, Annual capital growth N/A, Number of sales 14, Weekly median advertised rent $220

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in South Albury has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -1.56%

The five-year average increase in median property values for South Albury,2640 has given property investors a potential capital gain of 30.17% across each of those five years.

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.28% offered to property buyers. Sellers in South Albury itself are offering an average vendor discount of -3.77% to real estate investors.

On average over the past year, suburb has had 1.75 sales per month, which equates to 21 per year.

The NSW suburb of South Albury, 2640 is in the Albury local government area.

South Albury, 2640’s gross rental yield is 2.66%

Metrics i HOUSE UNIT
$315,000 $430,000
-5.26% -0.58%
-1.56% N/A
3.53% N/A
$280 $220
21 14
4.62% 2.66%
54.21 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Above average (H)
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Demographics
Total population 1368
Median household income ($/weekly) 781
Median age of persons 36
Median housing loan repayment ($/monthly) 1300
Average household size 1.9
  • Census Count Percent(%)
    20-24 years 163 11.9
    25-34 years 222 16.2
    35-44 years 180 13.2
    45-54 years 202 14.8
    55-64 years 145 10.6
    Others 456 33.3
    Age Group
    Census Count Percent(%)
    Not Married 597 58.4
    Registered Married 283 27.7
    Defacto Relationship 142 13.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 1084 84.6
    Croatia 13 1.0
    Indonesia 30 2.3
    United Kingdom 23 1.8
    Other 38 3.0
    Others 93 7.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 22 1.8
    Christianity 772 63.4
    Hinduism 35 2.9
    Other Religious Groups 15 1.2
    No Religion 361 29.7
    Others 12 1.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 82 14.0
    $400-$599 83 14.2
    $600-$799 78 13.3
    $800-$999 68 11.6
    $1,000-$1,249 59 10.1
    Others 216 36.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 438 40.1
    Not in the labour force 364 33.4
    Employed, worked part-time 195 17.9
    Unemployed, looking for work 64 5.9
    Employed, away from work 30 2.7
    Person Characteristics
  • Census Count Percent(%)
    Professionals 134 20.1
    Technicians & trades workers 123 18.4
    Community & personal service workers 69 10.3
    Clerical & administrative workers 83 12.4
    Labourers 78 11.7
    Others 180 27.0
    Occupation
    Census Count Percent(%)
    Pre-school 18 6.5
    Infants/Primary 78 28.0
    Secondary 56 20.1
    Technical or Further Educational Institution 77 27.6
    University or other Tertiary Institutions 39 14.0
    Others 11 3.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 756 61.7
    Flat, unit or apartment 397 32.4
    Semi-detached, row or terrace house, townhouse 67 5.5
    House or flat attached to a shop, office 6 0.5
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 352 56.2
    Fully owned 140 22.4
    Being purchased 134 21.4
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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Recent sales & rentals