Albany

An assessment of population growth drivers in Albany reveals an overall ranking slightly below national averages considering recent, and medium term trends

As per AreaSearch's analysis of ABS population updates and new addresses validated since Feb 2026, Albany's estimated population is around 1,552. This reflects a growth of 149 people (10.6%) from the 2021 Census figure of 1,403. The increase is inferred from AreaSearch's resident population estimate of 1,537 following examination of ABS's latest ERP data release in June 2024 and additional 13 validated new addresses since the Census date. Albany's population density stands at 791 persons per square kilometer, aligning with averages across locations assessed by AreaSearch. The suburb's growth rate exceeded the SA3 area (9.0%) and SA4 region, marking it as a growth leader in the region. Overseas migration contributed approximately 61.0% of overall population gains during recent periods.

AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area released in 2024 with 2022 as the base year. For areas not covered, AreaSearch utilises growth rates by age cohort provided by ABS's latest Greater Capital Region projections released in 2023 based on 2022 data. Future population trends project an above median growth for national regional areas, with Albany expected to increase by 175 persons to reach a total of around 1,727 by 2041, reflecting an overall increase of approximately 6.5% over the 17 years.

AreaSearch analysis of residential development drivers sees Albany recording a relatively average level of approval activity when compared to local markets analysed countrywide

AreaSearch analysis of ABS building approval numbers indicates Albany averaged around 16 new dwelling approvals per year. Between FY-21 and FY-25, approximately 82 homes were approved, with another 3 approved in FY-26 so far.

Each new resident per year corresponds to one dwelling constructed over the past five financial years. This suggests a balanced supply and demand, maintaining stable market conditions. The average construction value of new homes is $501,000, indicating a focus on premium properties. Compared to Rest of WA, Albany has 101.0% more development activity per person, offering greater choice for buyers despite recent easing in construction activity. This high level of activity reflects strong developer confidence in the area.

Recent construction comprises 89.0% detached houses and 11.0% townhouses or apartments, preserving Albany's traditional low-density character with a focus on family homes. The location has approximately 147 people per dwelling approval, suggesting an expanding market. Population forecasts indicate Albany will gain 101 residents by 2041. With current construction levels, housing supply should meet demand adequately, creating favourable conditions for buyers and potentially enabling growth beyond current forecasts.

Albany has limited levels of nearby infrastructure activity, ranking in the 12thth percentile nationally

Local infrastructure changes significantly influence an area's performance. Two projects identified by AreaSearch are expected to impact this area: Yakamia/Lange Structure Plan, Albany Waterfront Redevelopment, Mount Lockyer Primary School Rebuild, South Regional TAFE - Albany Trade Workshop. Most relevant projects are listed below.

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Employment conditions in Albany demonstrate exceptional strength compared to most Australian markets

Albany has a well-educated workforce with essential services sectors well represented. Its unemployment rate is 0.9%, according to AreaSearch's aggregation of statistical area data. As of September 2025783 residents are employed while the unemployment rate is 2.4% lower than Rest of WA's rate of 3.3%.

Workforce participation in Albany is at 57.4%, compared to Rest of WA's 67.2%. Based on Census responses, 9.1% of residents work from home. Employment is concentrated in health care & social assistance, education & training, and accommodation & food. The area has a strong specialization in health care & social assistance with an employment share 2.1 times the regional level.

Mining, however, is under-represented at 2.3% of Albany's workforce compared to 11.7% in Rest of WA. There are 1.6 workers for every resident, indicating that Albany functions as an employment hub. Between September 2024 and September 2025, the labour force decreased by 4.2% while employment declined by 3.8%, causing the unemployment rate to fall by 0.4 percentage points. In comparison, Rest of WA recorded employment growth of 1.4%. Jobs and Skills Australia's national employment forecasts from May-25 project national employment growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Albany's employment mix suggests local employment should increase by 7.1% over five years and 14.9% over ten years, though this is a simple weighting extrapolation for illustrative purposes and does not consider localised population projections.

Income levels align closely with national averages, indicating typical economic conditions for Australian communities according to AreaSearch analysis

According to AreaSearch's aggregation of the latest postcode level ATO data released for financial year ended June 2023, Albany had a median income among taxpayers of $59,614 with an average level of $75,137. This is above national averages of $59,973 and $74,392 respectively across Rest of WA. Based on Wage Price Index growth of 9.62% since financial year ended June 2023, estimated median income as of September 2025 would be approximately $65,349 while average is projected at $82,365. From the Australian Bureau of Statistics Census conducted in August 2021, personal income ranks at the 64th percentile with weekly earnings of $883, while household income sits at the 25th percentile. The earnings profile shows that 26.6% of individuals earn between $800 and $1,499 annually, unlike surrounding regions where 31.1% fall within the $1,500 to $2,999 range. After accounting for housing costs, 86.2% of income remains, ranking at the 28th percentile nationally. The area's SEIFA income ranking places it in the 6th decile.

Albany is characterized by a predominantly suburban housing profile, with above-average rates of outright home ownership

Albany's dwelling structures, according to the latest Census, consisted of 87.8% houses and 12.2% other dwellings (semi-detached, apartments, 'other' dwellings). This compares with Non-Metro WA's figures of 88.5% houses and 11.6% other dwellings. Home ownership in Albany stood at 47.1%, with mortgaged dwellings at 23.6% and rented ones at 29.3%. The median monthly mortgage repayment was $1,700, higher than Non-Metro WA's average of $1,560. Weekly rent in Albany was recorded at $325, compared to Non-Metro WA's $265. Nationally, Albany's mortgage repayments were lower than the Australian average of $1,863, while rents were substantially below the national figure of $375.

Albany features high concentrations of lone person households and group households, with a lower-than-average median household size

Family households constitute 58.9% of all households, consisting of 15.6% couples with children, 35.3% couples without children, and 6.6% single parent families. Non-family households comprise the remaining 41.1%, with lone person households at 37.1% and group households making up 3.9%. The median household size is 2.0 people, which is smaller than the Rest of WA average of 2.5.

Albany demonstrates exceptional educational outcomes, ranking among the top 5% of areas nationally based on AreaSearch's comprehensive analysis of qualification and performance metrics

Albany's educational attainment exceeds broader benchmarks significantly. Among residents aged 15+, 37.6% hold university qualifications, compared to 16.4% in the SA4 region and 17.6% in the Rest of WA. Bachelor degrees are most prevalent at 24.4%, followed by postgraduate qualifications (8.0%) and graduate diplomas (5.2%). Vocational credentials are also prominent, with 29.3% of residents aged 15+ holding them – advanced diplomas account for 11.3%, while certificates make up 18.0%.

A substantial 22.4% of the population is actively pursuing formal education, including 6.9% in secondary education, 5.7% in primary education, and 5.0% in tertiary education.

Transport servicing is moderate compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility

A transport analysis in Albany found 14 operational transport stops, all of which are bus services. These stops are covered by 10 different routes that together facilitate 510 weekly passenger trips. The accessibility of public transport is deemed good, with residents on average being 259 meters away from the nearest stop. In this predominantly residential area, most people commute outwards. Cars remain the primary mode of transportation, used by 85% of residents, while 11% walk. On average, there are 1.2 vehicles per dwelling, which is below the regional norm.

According to the 2021 Census, only 9.1% of residents work from home, a figure that may have been influenced by COVID-19 conditions. The service frequency averages 72 trips per day across all routes, equating to roughly 36 weekly trips per individual stop.

Albany's residents boast exceedingly positive health performance metrics with very low prevalence of common health conditions across all age groups

Albany's health outcomes show exceptional results based on AreaSearch's assessment.

Mortality rates and chronic condition prevalence are very low across all age groups. Private health cover is high at approximately 57% of the total population, around 885 people. The most prevalent medical conditions are arthritis (11.4%) and mental health issues (7.8%). Around 64.4% of residents report no medical ailments, compared to 69.3% in the rest of WA. Under-65s have better-than-average health outcomes. Albany has a higher proportion of seniors aged 65 and over at 27.2% (422 people), compared to 19.2% in the rest of WA. Senior health outcomes are strong, aligning with national rankings for the general population.

The level of cultural diversity witnessed in Albany was found to be slightly above average when compared nationally for a number of language and cultural background related metrics

Albany, surveyed in 2016, had above-average cultural diversity with 10.4% of its population speaking a language other than English at home and 31.3% born overseas. Christianity was the predominant religion, comprising 43.2%. Judaism, though small at 0.2%, was notably higher than the Rest of WA's 0.0%.

In ancestry, Albany had high representation of English (36.5%), lower Australian (21.8%), and Scottish (9.2%). Welsh (0.9%) and Dutch (2.0%) were overrepresented compared to regional averages of 0.6% and 1.5%, respectively. Polish also showed notable divergence at 0.8%.

Albany ranks among the oldest 10% of areas nationwide

Albany's median age is 54 years, which is significantly higher than the Rest of WA average of 40 and considerably older than Australia's median age of 38. Compared to the Rest of WA average, Albany has a notably over-represented 65-74 cohort (19.9% locally) while the 5-14 year-olds are under-represented (7.2%). This concentration of the 65-74 age group is well above the national average of 9.5%. According to post-2021 Census data, Albany has shown signs of rejuvenation with its median age falling from 55 to 54 years. Notable shifts include the 35-44 age group growing from 7.6% to 10.5%, and the 25-34 cohort increasing from 10.6% to 13.4%. Conversely, the 75-84 cohort has declined from 8.2% to 5.7%, and the 55-64 group has dropped from 18.3% to 16.9%. Demographic modeling suggests that Albany's age profile will evolve significantly by 2041, with the 25-34 cohort projected to grow strongly at 36%, adding 74 residents to reach 282. Conversely, both the 55-64 and 85+ age groups are expected to see reduced numbers.