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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$551,125Past 3 months

Property growth+23.5%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
$645K$457K
Change in value
Past 12 months
22.4%24.6%
Sold
Past 3 months
6422
Median days on market
Past 12 months
2732
Average rent
Past 12 months
$500$375
Change in rent
Past 12 months
5.3%10.3%

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.

Lavington infrastructure, key developments and investment opportunities

Lavington continues to benefit from its role as a key commercial and residential hub within the broader Albury area, with ongoing upgrades to local shopping precincts and small-scale infill developments supporting steady demand for both houses and units.[3][4] Its mostly flat layout, proximity to Nail Can Hill and nearby employment centres, and easy access to the wider Albury CBD help maintain strong appeal for first-home buyers and investors seeking affordable entry points.[3][7]

Residents have convenient access to a range of public and private schools in and around the suburb, along with nearby tertiary options in Albury and Thurgoona, which underpins family demand.[7] Established bus links and road connections to the Hume Highway and key regional routes support commuting and freight movements, while close proximity to recreational assets such as the Murray River, Hume Dam, and surrounding wineries enhances lifestyle appeal and longer-term livability.[3][7]

Lavington rental market trends

The rental market in Lavington has experienced steady growth, with house rents increasing by 5.3% to $500 per week, and unit rents rising by 10.3% to $375 per week. This trend reflects the suburb's growing appeal, supported by its strategic location and ongoing development, making it an attractive option for both tenants and investors.

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 8.6% higher than North Albury’s.
  • House price growth: Over the past 12 months, house prices in Lavington have grown 3.1% higher than in North Albury.
  • Unit price growth: Over the past 12 months, unit prices in Lavington have grown 22.1% higher than in North Albury.
  • Selling speed for houses: Properties in Lavington are selling 20.6% faster than in Hamilton Valley.
  • Selling speed for units: Properties in Lavington are selling 41.8% faster than in East Albury.

Common questions about Lavington

  • Is Lavington a nice place to live?

    Lavington is a charming suburb that offers a delightful blend of suburban comfort and regional charm, making it a wonderful place to call home. Known for its welcoming and family-friendly atmosphere, Lavington provides a peaceful environment with a strong sense of community. The suburb is well-equipped with a variety of amenities, including shopping centers, cafes, and recreational facilities, ensuring that residents have everything they need within easy reach. Its proximity to Albury's central business district means that the conveniences of urban living are just a short drive away, while the surrounding natural beauty offers plenty of opportunities for outdoor activities and relaxation.

    For families, Lavington is particularly appealing due to its abundance of parks and quality schools, making it an ideal setting for raising children. The suburb's diverse housing options cater to a wide range of preferences, from established homes to modern developments, providing ample choice for both homeowners and renters. Safety is generally not a major concern, contributing to the suburb's reputation as a secure and pleasant place to live.

    While Lavington offers many advantages, there are a few trade-offs to consider. The suburb may not have the bustling nightlife or cultural attractions of larger urban centers, which might be a drawback for those seeking a more vibrant social scene. However, this is balanced by the suburb's tranquil lifestyle and the sense of community that comes with living in a smaller, more intimate setting. Overall, Lavington is a fantastic choice for those seeking a balanced lifestyle with the benefits of both suburban and regional living.

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  • Is it expensive to live in Lavington?

    Living in Lavington can be considered relatively affordable compared to many other suburbs in New South Wales. The median house price is currently around $645,000, and units are priced at approximately $457,250. These figures are quite reasonable when compared to the soaring property prices in larger cities like Sydney. Renting in Lavington is also fairly accessible, with the average rent for houses at $500 per week and units at $375 per week.

    The average wage in Lavington aligns closely with the regional NSW average of about $65,000 per year, which is slightly higher than the local taxable average of $60,000. Given this income level, the cost of living in Lavington, particularly in terms of housing, is manageable for many residents. The median total household income weekly is $1,130, which suggests that housing costs take up a reasonable portion of income, allowing for a comfortable lifestyle.

    Overall, if you are thinking of living in Lavington, you'll find it offers a good balance of affordability and quality of life. The suburb provides a more budget-friendly alternative to the high costs associated with metropolitan areas, making it an attractive option for those seeking a more economical living situation in regional NSW.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Lavington a good place to invest?

    Lavington is showing promising signs as a potential investment hotspot. Over the past year, the suburb has experienced significant growth in property values, with median house values increasing by 22.4% and unit values rising by an impressive 24.6%. This upward trend indicates a strong demand for properties in the area, which is a positive signal for investors looking for capital appreciation.

    In addition to the rise in property values, rental yields in Lavington have also seen a healthy increase. House rents have gone up by 5.3%, while unit rents have surged by 10.3% over the last 12 months. This suggests that the rental market is robust, providing investors with the potential for steady rental income alongside capital growth.

    Overall, Lavington presents a compelling case for investment. The combination of strong property value growth and increasing rental returns makes it an attractive option for those looking to invest in real estate. While it's important to consider broader market trends and individual circumstances, Lavington's recent performance indicates it could be a solid choice for property investors.

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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 40.8% 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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