Suburb Profile Report for Albion QLD (4010)

Albion House: Median price $720,000, Annual capital growth 5.49%, Number of sales 30, Weekly median advertised rent $460

Albion Unit: Median price $460,000, Annual capital growth 4.70%, Number of sales 102, Weekly median advertised rent $385

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales
TOP 100 suburbs

Source: CoreLogic

  • House Report
  • Unit Report

Albion has had a pretty average year for property investment returns compared to the rest of QLD, giving investors a capital gain of 2.49% to date .

A 22.66% growth in median value for property investors in Albion,4010 puts this suburb at number 292th in terms of best performing suburbs in QLD

The most recent median price for Albion is $720000, with sellers offering an average of -7.02% off the asking price.

Residents and property investors in Albion have been waiting around 103.84 days to sell a property.

Renters in Suburb are facing rents around $5520 per annum or $460 every week.

Albion is in the bottom 40% in QLD when comparing median price capital growth over the last year. Albion gave property investors a disappointing capital gain figure when compared to the rest of the state, with -1.08%.

The five-year average increase in median property values for Albion,4010 has given property investors a potential capital gain of 7.16% across each of those five years.

At number 56th of QLD’s most discounted properties, Albion is in the bottom 20% of the state/territory when listing in order of most discounted to least.

Property investors should expect to get $385 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$720,000 $460,000
1.41% 1.10%
2.49% -1.08%
5.49% 4.70%
$460 $385
30 102
3.32% 4.35%
103.84 122.22

Source: CoreLogic

DSR Score for property investment : Balanced (H), Balanced (U)
Find a mortgage broker in Albion QLD
Demographics
Total population 1986
Median household income ($/weekly) 1493
Median age of persons 33
Median housing loan repayment ($/monthly) 2104
Average household size 2
  • Census Count Percent(%)
    20-24 years 230 11.6
    25-34 years 519 26.1
    35-44 years 314 15.8
    45-54 years 249 12.5
    55-64 years 143 7.2
    Others 531 26.7
    Age Group
    Census Count Percent(%)
    Not Married 934 58.1
    Registered Married 460 28.6
    Defacto Relationship 214 13.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 1345 71.2
    Indonesia 58 3.1
    Papua New Guinea 88 4.7
    United Kingdom 79 4.2
    Other 123 6.5
    Others 196 10.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 46 2.6
    Christianity 1102 61.8
    Hinduism 44 2.5
    Islam 32 1.8
    No Religion 535 30.0
    Others 24 1.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 69 8.2
    $1,000-$1,249 72 8.6
    $1,500-$1,999 126 15.0
    $2,000-$2,499 87 10.4
    $2,500-$2,999 96 11.5
    Others 388 46.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 833 49.0
    Not in the labour force 424 24.9
    Employed, worked part-time 311 18.3
    Employed, away from work 71 4.2
    Unemployed, looking for work 61 3.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 147 12.1
    Professionals 366 30.2
    Technicians & trades workers 148 12.2
    Community & personal service workers 107 8.8
    Clerical & administrative workers 186 15.3
    Others 258 21.3
    Occupation
    Census Count Percent(%)
    Infants/Primary 83 20.2
    Secondary 60 14.6
    Technical or Further Educational Institution 83 20.2
    University or other Tertiary Institutions 142 34.5
    Other type of educational institution 34 8.3
    Others 9 2.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 995 54.1
    Flat, unit or apartment 690 37.5
    Semi-detached, row or terrace house, townhouse 135 7.3
    House or flat attached to a shop, office 20 1.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 431 48.4
    Being purchased 239 26.8
    Fully owned 195 21.9
    Other tenure type 26 2.9
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals