South Albury suburb profile
South Albury is a charming suburb located in the city of Albury, New South Wales, nestled along the banks of the Murray River. Known for its picturesque setting and relaxed atmosphere, South Albury offers a mix of residential and recreational spaces. The suburb is characterized by its tree-lined streets, historic homes, and proximity to the vibrant Albury CBD, making it a convenient location for residents. With easy access to parks, walking trails, and the river, South Albury provides a tranquil lifestyle while still being close to urban amenities. Its community-focused environment and scenic beauty make it a desirable place for families and retirees.
South Albury property market performance
Property growth-8.2%Past 12 months
South Albury's property market has seen minimal activity over the past 12 months, with median house and unit prices remaining stable, showing slight fluctuations of 0.4% and 0%, respectively. Only 5 houses and 2 units have been sold during this period, indicating limited transactions. The median days on market for houses over the last three months is notably high at 111 days, while no units were reportedly on the market in this timeframe.
Rentals in South Albury have experienced modest increases over the past year. Average rent for houses rose by 5.3% to $495, and units saw a 6.1% increase, now averaging $350, reflecting a stronger demand for rental properties.
| Houses | Units | |
|---|---|---|
Median price Past 3 months | N/A | N/A |
Change in value Past 12 months | 1.1% | -17.4% |
Sold Past 3 months | 3 | 6 |
Median days on market Past 12 months | 99 | N/A |
Average rent Past 12 months | $495 | $365 |
Change in rent Past 12 months | 3.1% | 5.8% |
5 year median price trend for houses and units
South Albury demographics
South Albury, located in the picturesque region of New South Wales, is a suburb that offers a blend of suburban tranquility and access to urban amenities. With a population of 1,372, it is a close-knit community where residents enjoy a slower pace of life compared to larger cities. The median age of 40 suggests a mature population, likely comprising families and long-term residents who appreciate the suburb's peaceful environment and community spirit.
The suburb's housing landscape is diverse, with a significant portion of properties being rented, accounting for 58.9% of the housing market. This high rental rate indicates a demand for flexible living arrangements, appealing to both transient residents and those seeking temporary accommodation. Meanwhile, 22.1% of properties are owned outright, and 18.9% are owned with a mortgage, reflecting a stable base of homeowners who have invested in the area.
Family dynamics in South Albury are varied, with 28% of families being couples with children and 45.3% being couples without children. One-parent families make up 23% of the community, highlighting the suburb's inclusivity and support for diverse family structures. The median total household income of $1,147 per week suggests a modest economic profile, typical of a suburb that balances affordability with quality of life. Overall, South Albury offers a welcoming environment for families and individuals seeking a harmonious blend of community and convenience.
Suburbs near South Albury
Some popular suburbs near South Albury include:
How does South Albury compare to nearby suburbs?
- Median house prices: South Albury’s median house price is 13.2% higher than West Albury’s.
- House price growth: Property prices in nearby Albury have risen 0.6% more than in South Albury over the past year.
- Unit price growth: Property prices in nearby Albury have risen 28.4% more than in South Albury over the past year.
- Selling speed for houses: Properties in nearby Albury are selling 39.4% faster than in South Albury.

