Not to put a downer on anything but I've heard the social life at CSU Albury is nothing compared to Bathurst.... but Albury is ok, it's a nice place, there is good nightlife on the weekend.
Also, if you don't have a car and will be studying primarily at Albury city DONT live at Thurgoona. It is out in the middle of nowhere, basically it's bush. The CSU campus is nowhere near bus routes, and there are barely any buses out there anyway. The accomodation at Thurgoona is eco-friendly.... apparently they have "bio-toilets" and only natural heating and cooling or something so I have no idea what they would be like. There are lots of share houses around near Albury campus, they aren't university owned but there are heaps of CSU people living there. I think OT is mostly at Albury city, so you might want to consider sharehousing with people or living in a flat in Albury. The uni would have more info about available accomodation. Plus the Albury city campus is pretty close to everything (e.g. nightlife, shopping, healthcare.... everything). It's a 5 min walk from Albury's main street and it's in these heritage houses so it's a really unique campus. Thurgoona is very high tech but it's a shame that it is so isolated. I think they are eventually moving the whole uni out to Thurgoona and turning it in to a "real" uni campus but that is not going to happen for quite a while. Before you make the decision to go to Albury, travel down there and check it out to see what I mean. I think you could have a great time there though, a lot of people really enjoy going to uni there and because it's quite small people make a lot of good friends. The facilities are good too, it's a block from my old high school so we used to use their facilities sometimes.