Cost Of Living In Albury Australia

Albury, Australia is a major regional city in New South Wales. Albury alone has an urban population of a little more than 45,000 people. However, this does not take into account those that live in the twin city of Wodonga, Victoria.

The two cities are separated by the Murray River but together hold a population of around 80,000.

The price of living here is quite affordable compared to larger cities in Australia. Albury has affordable and quality housing, and there are many employment opportunities available. The general food costs will be around the same as Sydney for eating out. However, purchasing items at a grocery store is much cheaper in Albury. For example, local cheeses in Sydney that would cost a little over AUS$10 will be half that price in Albury.

Property Market

The main difference in living in Albury and a larger city will be the rent costs. Renting an apartment in the city centre of Albury will be an average of AUS$645. This is much more affordable than larger cities in Australia that have prices that are three to four times as expensive. Of course, Albury will not have the impressive facilities and culture as a larger city. However, it is close enough to Canberra, Melbourne, and Sydney for a visit.

Depending on your intentions for moving to Australia being long/short-term, you will have to find a place to stay and you will be either look into buying or renting. For Albury, the housing market offers you a considerably cheaper option than the major suburbs in Sydney where renting a property is on average AUS$340PW and purchasing a home is AUS$440,000.

Albury is also getting popular as a location to move to, and housing costs will continue to rise as city dwellers are looking for a better, more relaxed lifestyle. Take advantage of moving there now, as the low prices will not stay for long.