Suburb Profile Report for Albion Park Rail NSW (2527)

Albion Park Rail House: Median price $527,500, Annual capital growth 6.21%, Number of sales 114, Weekly median advertised rent $430

Albion Park Rail Unit: Median price $439,000, Annual capital growth 7.22%, Number of sales 32, Weekly median advertised rent $360

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

Investment property in Albion Park Rail has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 12.23%

Albion Park Rail,2527 was ranked 1818 in Australia by increase in median property value over the quarter.

Property buyers and investors in Albion Park Rail 2527 should be seeing an average reduction in asking price of around -2.99% . This means that Albion Park Rail is holding prices well when compared to other suburbs in NSW.

The NSW suburb of Albion Park Rail, 2527 is in the Shellharbour local government area.

Albion Park Rail is an average performer in NSW when comparing median price capital growth over the last year. Albion Park Rail gave property investors a good capital gain figure when compared to the rest of the state, with 9.89%.

Albion Park Rail,2527 was ranked 990 in Australia by increase in median property value over the quarter.

Vendor discounting in Albion Park Rail is giving property investors an average Vendor Discount of around -2.41%. This puts suburb at number 397th in NSW when ranking the most discounted suburbs.

Albion Park Rail is 212th on a list of best yielding suburbs for rents in NSW with a 4.26% return

YIP MAG Information supplied by:

YIP MAG
July 2016

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Around a 20-minute drive south of Wollongong, the unit market in Albion┬áPark Rail appears to have a little bit of something for everybody.Full summary Around a 20-minute drive south of Wollongong, the unit market in Albion Park Rail appears to have a little bit of something for everybody.

For those looking for an affordable entry point to the market, the current median unit price is just $379,500, while for those chasing capital growth this has increased 55% in the last five years.

The suburb also offers decent rental returns for those seeking cash flow, with current rental yields sitting at 5%.

Landlords aren’t likely to struggle to find a tenant either, with the current vacancy rate in the suburb sitting at just 0.32%, according to Real Estate Investar.

Buyers seem to be taking note of those conditions, with units in Albion Park Rail spending on average just 43 days on the market.Close
Metrics i HOUSE UNIT
$527,500 $439,000
1.93% 0.23%
12.23% 9.89%
6.21% 7.22%
$430 $360
114 32
4.24% 4.26%
37.02 54.7

Source: CoreLogic

DSR Score for property investment : Very good (U), Good (H)
Find a mortgage broker in Albion Park Rail NSW
Demographics
Total population 7001
Median household income ($/weekly) 1028
Median age of persons 37
Median housing loan repayment ($/monthly) 1733
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 978 14.0
    25-34 years 818 11.7
    35-44 years 856 12.2
    45-54 years 978 14.0
    55-64 years 867 12.4
    Others 2506 35.8
    Age Group
    Census Count Percent(%)
    Registered Married 2485 49.1
    Not Married 2114 41.8
    Defacto Relationship 462 9.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 5605 83.1
    New Zealand 57 0.8
    Papua New Guinea 56 0.8
    United Kingdom 559 8.3
    Other 177 2.6
    Others 289 4.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 37 0.6
    Christianity 5100 78.2
    Islam 27 0.4
    Other Religious Groups 21 0.3
    No Religion 1336 20.5
    Others 3 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 314 14.2
    $600-$799 230 10.4
    $800-$999 219 9.9
    $1,000-$1,249 206 9.3
    $1,500-$1,999 295 13.3
    Others 948 42.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2101 39.5
    Employed, worked full-time 1803 33.9
    Employed, worked part-time 966 18.2
    Unemployed, looking for work 259 4.9
    Employed, away from work 186 3.5
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 550 18.6
    Community & personal service workers 364 12.3
    Clerical & administrative workers 407 13.8
    Machinery operators & drivers 365 12.3
    Labourers 382 12.9
    Others 888 30.0
    Occupation
    Census Count Percent(%)
    Pre-school 149 9.1
    Infants/Primary 623 37.9
    Secondary 489 29.8
    Technical or Further Educational Institution 214 13.0
    University or other Tertiary Institutions 132 8.0
    Others 36 2.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5746 87.6
    Semi-detached, row or terrace house, townhouse 661 10.1
    Flat, unit or apartment 136 2.1
    House or flat attached to a shop, office 12 0.2
    Caravan, cabin, houseboat 7 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 930 38.8
    Fully owned 781 32.5
    Rented 651 27.1
    Other tenure type 38 1.6
    Tenure Type
Census 2011, ABS
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Recent sales & rentals