Suburb Profile Report for Albion Park NSW (2527)

Albion Park House: Median price $547,000, Annual capital growth 5.01%, Number of sales 265, Weekly median advertised rent $460

Albion Park Unit: Median price $450,000, Annual capital growth 5.67%, Number of sales 64, Weekly median advertised rent $420

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

Source: CoreLogic

  • House Report
  • Unit Report

Albion Park is in the TOP 30% in NSW when comparing median price capital growth over the last year. Albion Park gave property investors a good capital gain figure when compared to the rest of the state, with 11.63%.

Comparing Albion Park,2527 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Sellers are offering property buyers an average discount of -2.92% to buyers in Albion Park at the moment, which is less than average for the rest of NSW.

With the median price for a house in Albion Park being $547000 and the advertised rent reaching $460 the gross rental yield for property investors calculates out to be 4.37%

Property value increases in Albion Park have tracked close to the NSW average of 5.73% over the last 12 months.

Across a shorter period, Albion Park, 2527 has seen a median price increase of 0.00% over the last quarter.

At number 457th of NSW’s most discounted properties, Albion Park is in the TOP 10% of the state/territory when listing in order of most discounted to least.

A $420 per week rent on the median house gives suburb investors a gross yield of circa 4.85%, without taking into account capital value appreciation, which has been averaging out at 5.67%.

HOUSE UNIT
$547,000 $450,000
3.21% 0.00%
11.63% 7.16%
5.01% 5.67%
$460 $420
265 64
4.37% 4.85%
47.18 71.81

Source: CoreLogic

DSR Score for property investment : Good (U), Very good (H)
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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
Chart Table
Recent sales & rentals