Suburb Profile Report for Albion Park NSW (2527)

Albion Park House: Median price $587,000, Annual capital growth 5.60%, Number of sales 224, Weekly median advertised rent $465

Albion Park Unit: Median price $499,000, Annual capital growth 6.52%, Number of sales 56, Weekly median advertised rent $420

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

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Albion Park, 2527 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 13.10%.

Taking the average capital gain, or increase in median house value, Albion Park,2527 has racked up an average of 13.10% over the period. This ranks it number 1041th in the whole country for real estate investors looking at median house price increases.

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.22% offered to property buyers. Sellers in Albion Park itself are offering an average vendor discount of -3.08% to real estate investors.

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

Albion Park, 2527 ranked 196th in NSW when comparing growth in median property values or capital gain over the last 12 months. Albion Park is one of 3163 in our list for NSW

Taking the average capital gain, or increase in median house value, Albion Park,2527 has racked up an average of 10.89% over the period. This ranks it number 277th in the whole country for real estate investors looking at median house price increases.

Property buyers and investors in Albion Park 2527 should be seeing an average reduction in asking price of around -2.09% . This means that Albion Park is holding prices well when compared to other suburbs in NSW.

With the median price for a house in Albion Park being $499000 and the advertised rent reaching $420 the gross rental yield for property investors calculates out to be 4.38%

Metrics i HOUSE UNIT
$587,000 $499,000
2.31% 2.04%
13.10% 10.89%
5.60% 6.52%
$465 $420
224 56
4.12% 4.38%
42.64 42.65

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 12871
Median household income ($/weekly) 1483
Median age of persons 33
Median housing loan repayment ($/monthly) 1993
Average household size 3
  • Census Count Percent(%)
    5-14 years 2130 16.5
    25-34 years 1644 12.8
    35-44 years 1977 15.4
    45-54 years 1865 14.5
    55-64 years 1161 9.0
    Others 4095 31.8
    Age Group
    Census Count Percent(%)
    Registered Married 5081 56.2
    Not Married 3125 34.6
    Defacto Relationship 838 9.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 10794 86.4
    Greece 108 0.9
    Papua New Guinea 83 0.7
    United Kingdom 841 6.7
    Other 241 1.9
    Others 423 3.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 72 0.6
    Christianity 9652 79.6
    Islam 22 0.2
    Other Religious Groups 19 0.2
    No Religion 2351 19.4
    Others 11 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 344 9.3
    $1,250-$1,499 324 8.8
    $1,500-$1,999 646 17.5
    $2,000-$2,499 470 12.8
    $2,500-$2,999 342 9.3
    Others 1558 42.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3897 41.1
    Not in the labour force 2970 31.3
    Employed, worked part-time 1851 19.5
    Employed, away from work 408 4.3
    Unemployed, looking for work 356 3.8
    Person Characteristics
  • Census Count Percent(%)
    Professionals 847 13.8
    Technicians & trades workers 1076 17.5
    Community & personal service workers 727 11.8
    Clerical & administrative workers 967 15.7
    Sales 657 10.7
    Others 1878 30.5
    Occupation
    Census Count Percent(%)
    Pre-school 358 9.8
    Infants/Primary 1373 37.6
    Secondary 1132 31.0
    Technical or Further Educational Institution 364 10.0
    University or other Tertiary Institutions 345 9.4
    Others 83 2.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 11177 90.9
    Semi-detached, row or terrace house, townhouse 867 7.1
    Flat, unit or apartment 215 1.7
    House or flat attached to a shop, office 31 0.3
    Caravan, cabin, houseboat 6 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 2213 54.7
    Fully owned 1146 28.3
    Rented 665 16.4
    Other tenure type 22 0.5
    Tenure Type
Census 2011, ABS
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Recent sales & rentals