There are many industries that provide good employment opportunities for those moving to Albany.
The major employment industries in Albany are:
Agriculture, Forestry and Fishing
Hospitality & Accommodation
Health Care & Social Assistance
Education & Training
Public Administration & Safety
Working remotely has become a reality where geographical distance is no longer the barrier it used to be. Good NBN speeds are available throughout, making Albany the ideal place for remote workers.
Statistics from June 2023 place the unemployment rate in Albany at 2.1%, making it lower than regional, state and national averages. This makes Albany a very desirable location for those wanting a quality of life away from metropolitan cities.
The Albany Housing Market
Even though Albany is an in-demand destination, the cost of real estate is moderate. Housing costs will usually compare very favourably against metropolitan housing prices, making it the ideal destination for those wanting to escape from big city life.
According to statistics, as of January 2024, the overall median property price in the Albany area is $716,000. However, median prices between different suburbs will vary from around $330,000 to $975,000.
For anyone looking to buy their first home or looking for a quality of life in a dream location, Life in Albany may be exactly what you are looking for.
This website has been brought to you by Ryde Building Company and we have enjoyed sharing with you some of the reasons why we think Albany is one of the best places in the world to live.