Powered by MOMENTUM MEDIA
AREA REPORTS

South Albury

Suburb Profile

South Albury - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2640

house
unit

Property investments in SOUTH ALBURY fare well against the rest of the country last year, registering a median home price increase of 1.18%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are low, as opposed to average gains per annum over the past five years.

Based on its average 5-year and quarterly capital gains SOUTH ALBURY, 2640 saw average growth in the long term.

Real estate investors could earn a rental income of $290 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 90.5 days.

Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $344,000.

SOUTH ALBURY ranks 278th on the list of best yielding suburbs for rental properties in NSW, posting a 4.38% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $344,000 $213,500
GROWTH REPORT
Median Quarterly 3.77% -0.7%
Median 12 month 1.18% N/A
Median 3 years 19.24% N/A
Median 5 years 27.88% 19.94%
10 years average annual 3.6% 31.59%
Weekly media advert. rent $290 $182.5
Time on Market 90.5 days 83.0 days
Gross Rental Yield Percent 4.38% 4.44%
demographics (median values)
Total Population
1100
Weekly Household Income
700.7
Household Size
2.00
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

Tim Lawless

Capital city clearance rates highest since 2017

Over the past three months, clearance rates across the combined capital cities have recorded the strongest peak since the June 2017 quarter....

NAB

NAB to provide $2bn for affordable housing

The major bank has pledged $2 billion in funding and services to assist not-for-profit affordable and specialist housing providers, includin...

The AXEL Glen Iris

Build-to-rent sector to pick up in Melbourne

A local property development group is set to take on Melbourne’s build-to-rent sector after observing what it has described as a lack of n...

How long does it take to save for a deposit in each capital city?

A decline in property prices in some capital cities has reduced the time needed to save for a deposit, particularly in Sydney. ...

Property market update: Brisbane, September 2019

As other property markets experience declines, Brisbane has stood out for its resilience, ultimately gaining the title of “most attractive...

Top 10 suburbs for capital growth

There are 10 suburbs across Australia where investors will be grinning with the thought their property value could increase drastically duri...

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.