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Lavington suburb profile

Lavington is a suburb located in the city of Albury, New South Wales, offering a blend of urban amenities and a relaxed lifestyle. Situated just north of Albury's central business district, Lavington is known for its family-friendly environment, with numerous parks, schools, and recreational facilities. The suburb features a mix of residential housing, from established homes to newer developments, catering to a diverse community. Lavington's convenient access to shopping centers, public transport, and essential services makes it an attractive option for families and individuals seeking a balanced lifestyle in a regional setting.

Lavington property market performance

Current median dwelling price$571,750Past 3 months

Property growth+22.7%Past 12 months

Lavington’s property market has experienced strong growth over the past 12 months, with house values soaring by 22.4% and units by 24.6%. The current median house price is $645,000, while units stand at $457,250, indicating robust demand for both property types.

The suburb has seen active sales, with 64 houses and 22 units sold over the last year. Houses are selling quickly, with a median of 27 days on the market compared to 32 days for units, reflecting a competitive market environment.

Rental prices in Lavington have also risen over the past year, with house rents increasing by 5.3% and units by 10.3%, reaching average rents of $500 and $375 respectively, demonstrating a solid rental demand.

HousesUnits
Median price
Past 3 months
$649K$495K
Change in value
Past 12 months
19.2%26.2%
Sold
Past 3 months
6316
Median days on market
Past 12 months
2732
Average rent
Past 12 months
$500$375
Change in rent
Past 12 months
4.2%7.1%

5 year median price trend for houses and units

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Lavington demographics

Lavington, a suburb located in the regional city of Albury, New South Wales, offers a blend of suburban comfort and regional charm. With a population of 13,073, it is a community that balances family life with the conveniences of urban living. The median age of 40 suggests a mature population, with many residents likely to be established in their careers or enjoying the later stages of family life. This is reflected in the suburb's family composition, where couple families with children make up 33.4% of the households, while couple families without children account for 41.2%.

Housing in Lavington is characterized by a significant proportion of home ownership, with 31.1% of properties owned outright and 27.8% owned with a mortgage. This indicates a stable community with a strong sense of home ownership. However, there is also a substantial rental market, with 41.1% of properties being rented, catering to those who prefer flexibility or are new to the area. The median total household income of $1,130 per week reflects the affordability of living in Lavington compared to larger urban centers.

The suburb's location within Albury provides residents with access to a range of amenities, including shopping centers, schools, and recreational facilities, making it an attractive option for families and individuals seeking a balanced lifestyle. Lavington's community is diverse, with one-parent families making up 23.5% of the population, highlighting its inclusive nature. Overall, Lavington offers a welcoming environment with a mix of stability and opportunity, appealing to a wide range of residents.

Suburbs near Lavington

Some popular suburbs near Lavington include:

How does Lavington compare to nearby suburbs?

  • Median house prices: Lavington’s median house price is 3.8% higher than North Albury’s.
  • House price growth: Over the past 12 months, house prices in Lavington have grown 5.1% higher than in Glenroy.
  • Unit price growth: Over the past 12 months, unit prices in Lavington have grown 32.7% higher than in North Albury.
  • Selling speed for houses: Properties in Lavington are selling 20.6% faster than in Springdale Heights.
  • Selling speed for units: Properties in Lavington are selling 25.6% faster than in East Albury.

Choose the right real estate agents in Lavington

Currently, there are 61 real estate agents working in Lavington—but not all agents deliver the same results. The right agent could make a huge difference to your final sale price.

Only 5 out of these 61 agents sold 40.6% of all properties in Lavington over the past year. Choosing one of these top-performing agents means tapping into proven expertise for a better sale outcome.

Real estate agents in Lavington typically charge a commission of 2% to 3%. Negotiating a fair commission rate and the right structure can motivate your agent to work even harder, helping you sell for more and potentially saving you thousands of dollars.

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