Albany was the fastest growing local government area in the state by annual growth in net internal migration, according to the Regional Movers Index for the December 2024 quarter.
It recorded a 200 per cent increase in net internal migration, with the majority of growth from city dwellers seeking a sea change.
REIWA members report housing affordability, job opportunities and a relaxed lifestyle are some of the key factors bringing people to the Albany regional centre.
Population growth in recent years, combined with limited new housing supply, has placed strong upward pressure on house and rental prices.
House prices in Albany have risen strongly over the past few years. The median house sale price increased 16.8 per cent over the last 12 months to reach $590,000 at the end of February 2025. It is 49.4 per cent higher than the previous peak of $395,000 recorded in 2015 and 60.0 per cent higher than the previous low of $368,750 recorded in 2020.
