Albury Market Update 2 nd H a l f 2 0 2 6
FUTURE DEVELOPMENTS
OVERVIEW
In Q2 2026, Albury* recorded a median house price of $710,250 and a median vacant land price of $390,000. This is an annual (Q2 2025 – Q2 2026) median price growth of 13.0% for houses and 51.0% for land. During this time (Q2 2025 and Q2 2026), sales decreased by -30.7% for houses (to 224 sales in Q2 2026) and -57.4% for land (to 29 sales in Q2 2026), which indicates an undersupply, especially in the land market. Despite higher interest rates in 2026, continued supply constraint is supporting ongoing price growth. Thus, now is an ideal time for owners to capitalize on their investments. Moreover, with limited stand-alone houses planned for 2026, buyers must act fast before property prices increase further.
CHANGE FROM LAST
YEAR
Albury£ will see approximately $109.2M of new projects commencing in 2026**.
Residential $18.1M
Infrastructure $18.7M
HALF YEAR
Mixed-Use
HOUSE S ALE S
Projects $65.6M
HOUSE ME D IAN PRICE HOUSE RE NTAL PRICE
A key mixed-use project is 481-487 Swift Street Apartments & Commercial Tenancies. This will deliver a 7-storey building of 18 two-bedroom and 14 three-bedroom apartments, with ground-floor commercial space.
LAND SALE S LAND ME D IAN PRICE
Mixed-use projects dominate the new development plans in Albury£, which will stimulate economic growth and create more jobs in the area.
$
Key projects that will deliver housing stock include:
MARKET CONDITIONS MEDIAN PRICE Q2 2026
$710K
$390K
MEDIAN PRICE Q2 2026
$550
SALES
AVERAGE DAYS ON MARKET Q2 2026
48
HOUSE
RENTALS
$400
70
L A N D
AVERAGE DAYS ON MARKET Q2 2026
22
HOUSE
14
U N I T
•
87 & 125 Kerr Road (161 Lots)
•
103 Sunrise Terrace (11 Apartments)
•
473 Prune Street (6 Dwellings)
•
481 Swift Street (32 Apartments)
While there are several projects in the pipeline, the number of ready-to-sell stock planned is insufficient to answer demand (224 house sales in Q2 2026). There are 161 land lots planned, but building into ready-to-sell stock will take time. The ongoing undersupply will remain, pushing up property price.
6 Dwellings
161 Lots
47 Units/ Apartments