Real Estate East Albury, NSW, 2640 Albury

Thinking about buying in East Albury? Now could not be a better time, with a whopping 3743 properties either residential or commercial there's certainly plenty to choose from.

The average property price for this area is $491,000 with prices in this suburb ranging from $44,000 to $13,153,000.

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East Albury Real Estate Market Outlook

In East Albury there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine East Albury due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in East Albury provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in East Albury to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in East Albury we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make East Albury a better buying opportunity than it may have been in the past.