Suburb Profile Report for Albion Park NSW (2527)

Albion Park House: Median price $550,000, Annual capital growth 5.05%, Number of sales 264, Weekly median advertised rent $465

Albion Park Unit: Median price $452,500, Annual capital growth 5.71%, Number of sales 61, 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 12.24% for the last 12 months, Albion Park, 2527 has performed for property investments than its average annual 5.05% property growth over the last 5 years.

Across a shorter period, Albion Park, 2527 has seen a median price increase of 1.85% over the last quarter.

Sellers are offering property buyers an average discount of -2.81% to buyers in Albion Park at the moment, which is less than average for the rest of NSW.

A $465 per week rent on the median house gives suburb investors a gross yield of circa 4.40%, without taking into account capital value appreciation, which has been averaging out at 5.05%.

Investment property in Albion Park 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 7.74%

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Albion Park has increased when compared to the 5 year average annual rate.

Albion Park2527 is located in NSW which offers an average discount of -4.41% to property investors. Albion Park itself is showing figures that indicate -1.89% is the average achievable by property buyers investing in the suburb.

Renters in Suburb are facing rents around $5040 per annum or $420 every week.

Metrics i HOUSE UNIT
$550,000 $452,500
1.85% 0.56%
12.24% 7.74%
5.05% 5.71%
$465 $420
264 61
4.40% 4.83%
47.71 67.92

Source: CoreLogic

DSR Score for property investment : Good (H), Very 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