Port Albany is a quiet locality in Western Australia within the Albany local government area (postcode 6330). With a population of 133, the suburb has an older-leaning population with a median age of 52. Households earn a median income of $87K per year, with an average household size of 2.1 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.4% year-on-year at the LGA level. WA employment has moved +1.9% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. WA also had 24 Commonwealth-backed major projects under construction, 12 underway, and 12 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, clerical & administrative, technicians & trades. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are English, Australian, Irish.
Median house prices in Port Albany stand at $1.1 million, having risen steeply by 27.6% over the last twelve months. The median weekly rent is $280 (Census 2021). This gives a gross rental yield of approximately 1.3%. The median monthly mortgage repayment is $1,083.
Public transport access includes 1 bus stop.
From an investment perspective, Gross rental yield sits at around 1.3% (low yield). Property prices are near the state median ($1.1M/$1.0M). The price-to-income ratio of 12.5x is considered stretched. House prices have moved +27.6% year-on-year. Population growth of +1.4% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.