Suburb Profile Report for Albion Park NSW (2527)

Albion Park House: Median price $537,000, Annual capital growth 4.79%, Number of sales 264, Weekly median advertised rent $460

Albion Park Unit: Median price $450,000, Annual capital growth 5.35%, Number of sales 65, Weekly median advertised rent $420

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

Source: CoreLogic

  • House Report
  • Unit Report

With a capital gain of 10.72% for the last 12 months, Albion Park, 2527 has performed for property investments than its average annual 4.79% property growth over the last 5 years.

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 -3.03% to buyers in Albion Park at the moment, which is less than average for the rest of NSW.

Albion Park is 332th on a list of best yielding suburbs for rents in NSW with a 4.45% return

Property value increases in Albion Park have tracked just higher than the NSW average of 5.59% over the last 12 months.

Taking the average capital gain, or increase in median house value, Albion Park,2527 has racked up an average of 11.25% over the period. This ranks it number 373th in the whole country for real estate investors looking at median house price increases.

LACK OF BUYER INTEREST may well be the reason that Albion Park is offering property investors an average of -4.45. This rate of discount on properties puts Suburb at number 458th in terms of most discounted suburbs in NSW

In the last year 65 properties changed hands in Albion Park, which puts it as the 220th most active market in NSW when comparing the number of sales per suburb.

With the median price for a house in Albion Park being $450000 and the advertised rent reaching $420 the gross rental yield for property investors calculates out to be 4.85%

HOUSE UNIT
$537,000 $450,000
3.37% 0.00%
10.72% 11.25%
4.79% 5.35%
$460 $420
264 65
4.45% 4.85%
49.91 80.95

Source: CoreLogic

DSR Score for property investment : Very 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
Chart Table
Recent sales & rentals