Real Estate South Albury, NSW, 2640 Albury
Thinking about buying in South Albury? Now could not be a better time, with a whopping 1582 properties either residential or commercial there's certainly plenty to choose from.
The average property price for this area is $328,000 with prices in this suburb ranging from $134,000 to $535,000.
Distance to the coast is 218 Km.South Albury Real Estate Market Outlook
In South 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. Low average incomes in South Albury is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in South Albury changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. Lower than average industry presence in South 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 South Albury a better buying opportunity than it may have been in the past.
About
Household makeup
| Median Weekly Rent | $170.25 |
| Median Monthly Mortgage | $1084.00 |
| Median Persons Per Bedroom | 0.83 |
| Average Household Size | 2.00 |
| Average Age | 46.00 |
| Average Income | $899.00 |
| Average Cars Per Dwelling | 2.04 |
| Average Properties Within 50M | 20.00 |
Typical Property Prices
| 4 Bed | $979,286 |
Housing Stock
Houses for sale South Albury
|
214 PLUMMER ST, SOUTH ALBURY, NSW, 2640 | 4 | 4 | 3 | $969,000 |
Local Schools
None within suburb boundary
(While the above schools are located with the suburb of South Albury there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
South Albury weather - Average Local Climate by month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 1.2 | 14.5 | 33.6 | 20.1 | 80.1 | 3.1 | 26.9 |
| Feb | 2.0 | 14.2 | 31.4 | 28.4 | 87.4 | 2.7 | 23.4 |
| Mar | 1.7 | 11.3 | 27.6 | 34.1 | 91.5 | 2.4 | 18.5 |
| Apr | 1.2 | 7.1 | 23.0 | 42 | 95.4 | 1.9 | 14.4 |
| May | 1.4 | 3.5 | 17.4 | 55.9 | 98.5 | 2.0 | 9.9 |
| Jun | 1.3 | 1.9 | 14.1 | 66.7 | 98.8 | 1.8 | 8.5 |
| Jul | 1.6 | 1.6 | 13.1 | 69.2 | 99.2 | 2.4 | 8.4 |
| Aug | 1.6 | 2.0 | 14.3 | 61.6 | 98.8 | 2.4 | 11.3 |
| Sept | 1.4 | 3.4 | 17.9 | 52.7 | 98.1 | 2.6 | 16.2 |
| Oct | 1.9 | 5.6 | 22.0 | 42.6 | 97.2 | 2.7 | 21.3 |
| Nov | 1.2 | 8.5 | 27.3 | 28.3 | 93.8 | 3.1 | 25.1 |
| Dec | 1.5 | 11.5 | 30.4 | 22.5 | 87.3 | 3.2 | 27.5 |
source: Australian Government Bureau of Meteorology
Recently Sold Properties / House Prices
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General Points of Interest
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