Loading...
Loading...
The information provided is for general informational purposes only. While we strive for accuracy, we make no guarantees about the completeness or reliability of the content. Any reliance you place on this information is at your own risk, and we are not liable for any losses or damages arising from its use.
Additionally, our site may contain links to external websites, which we do not control. The inclusion of these links does not imply endorsement of their content. By using Picki, you accept this disclaimer and acknowledge that the information may not be suitable for all users.
2023 Picki. All rights reserved.
Thurgoona is a suburb in City of Albury, Australia with 8656 residents. The median house price is $650K with a rental yield of 4.5%. Our analysis rates Thurgoona with a suburb score of 72/100 for investment timing.
Property prices in this suburb are rising and capital growth momentum is positive. While the early buying opportunity has passed, the market continues to show strength. Monitor price growth trends and vendor discounting to time your investment.
72
out of 100
Suburb Score
27
investors
High Rental Yield
Low Vacancy Rate
Low Days of Supply
Buying Window: Strong investment potential with prices forecast to outperform the market average over 1-3 years. Key indicators signal favorable conditions for capital growth.
Upswing: Prices are rising and capital growth momentum is positive. While the early buying opportunity has passed, the market continues to show strength.
Consolidating: Prices may grow below average in the short term. Rental growth could also slow during this phase. Consider monitoring market indicators before investing.
Peak: Price growth is expected to slow down. Capital growth forecasts suggest this may not be the optimal time to invest. Consider waiting for better conditions.
Thorough research about a suburb is crucial to grasp the 'why' behind an investment. However, no suburb stands alone—always assess it in relation to its surroundings. Tracking each data point over time is vital. But above all, it's crucial to comprehend why each data point matters and how it influences both short-term and long-term capital growth.
Current Sales Prices By Suburb - Median - Last 90 Days Rolling - Houses Only [AUD]
Loading...
What is this: The median sale price of properties sold in the suburb over a rolling 90-day period. This reflects the actual transacted value of properties rather than asking prices.
Investment tip: Understanding current sold prices helps identify undervalued suburbs compared to neighboring areas. Look for suburbs with lower median prices that share similar amenities with higher-priced neighbors - these often represent growth opportunities.
Sold Price
Asking Price
Picki displays every property available for sale in Australia — all in the one place. We do not include sub-division, house and land packages, or individual lots/land that is for sale.
Suburb | Sold Price | Recent Growth | Yield | Vacancy Rate | Days of Supply | Owner Occupier | Vendor Disc. |
|---|
Thurgoona has a suburb score of 72/100 for investment timing, placing it in the moderate investment category within City of Albury. The suburb shows balanced fundamentals for property investment, with reasonable growth potential and stable rental returns. Investors seeking a mix of capital growth and rental yield may find Thurgoona suitable for their portfolio.
Thurgoona's capital growth outlook is moderate based on current market indicators. Thurgoona shows stable growth fundamentals with some variation across different property types. Investors should consider factors like proximity to amenities, school catchments, and infrastructure developments when assessing individual property growth potential.
Thurgoona is located within City of Albury Local Government Area in Australia. City of Albury encompasses multiple suburbs, each with their own property market characteristics. Understanding the broader LGA trends can help investors identify whether Thurgoona is outperforming or underperforming relative to neighboring suburbs.
The current median house price in Thurgoona is $650K based on recent sales data. This median price positions Thurgoona as a mid-market suburb in City of Albury, balancing accessibility for investors with capital growth potential.
Thurgoona has an average rental yield of 4.5%, which is around the national average for Australian property. This balanced yield suggests Thurgoona offers a reasonable income return while still providing capital growth potential typical of established suburbs in Australia.
Thurgoona has a population of approximately 8656 residents. Population size and growth are important factors for property investment as they influence housing demand, rental markets, and local amenity development. Thurgoona is a medium-sized suburb with a balanced community feel and access to local services.
Thurgoona's suburb score of 72/100 can be compared against other suburbs in City of Albury to identify relative investment value. With a score between 50-80, Thurgoona sits in the middle tier of City of Albury suburbs. Some neighboring suburbs may offer better timing opportunities while others may be less favorable. Compare all suburbs in City of Albury using our platform to find the best investment opportunities.
