Real Estate Thurgoona, NSW, 2640 Albury

Thinking about buying in Thurgoona? Now could not be a better time, with a whopping 6105 properties either residential or commercial there's certainly plenty to choose from.

The average property price for this area is $543,000 with prices in this suburb ranging from $22,000 to $18,176,000.

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Thurgoona Real Estate Market Outlook

In Thurgoona 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 Thurgoona 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 Thurgoona 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 Thurgoona 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 Thurgoona 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 Thurgoona a better buying opportunity than it may have been in the past.