Suburb Profile Report for Albion Park NSW (2527)

Albion Park House: Median price $525,000, Annual capital growth 4.62%, Number of sales 260, Weekly median advertised rent $450

Albion Park Unit: Median price $450,000, Annual capital growth 5.67%, Number of sales 68, Weekly median advertised rent $420

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 1144th in the list of Australian suburbs ordered by increase in median house value over the last year, Albion Park, 2527 is in the top 30% with a property value increase of 9.38% recorded in median house prices.

Over the longer term, Albion Park has seen property prices show investors a 31.25% return over the last 3 years. This is worse than over the last 12 months

Vendor discounting in Albion Park is giving property investors an average Vendor Discount of around -3.28%. This puts suburb at number 1091th in NSW when ranking the most discounted suburbs.

Residents and property investors in Albion Park have been waiting around 48.13 days to sell a property.

Albion Park is 368th on a list of best yielding suburbs for rents in NSW with a 4.46% return

Property value increases in Albion Park have tracked just higher than the NSW average of 6.59% over the last 12 months.

Over the longer term, Albion Park has seen property prices show investors a 33.93% return over the last 3 years. This is worse than over the last 12 months

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Albion Park, 2527. Typically our figures indicate that -1.64% is being offered, which puts this NSW suburb at 1447th most discounted overall in Australia.

Residents and property investors in Albion Park have been waiting around 72.24 days to sell a property.

Property investors should expect to get $420 weekly from the median priced house in this suburb.

HOUSE UNIT
$525,000 $450,000
3.55% 1.12%
9.38% 12.08%
4.62% 5.67%
$450 $420
260 68
4.46% 4.85%
48.13 72.24

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
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Recent sales & rentals