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Median values are calculated based on data over a 12 month period.

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Market Report

Albion has 24 houses available for sale. The median property price for a house is currently 1,100,000 with annual capital growth of 1.85 . There were 22 house sales in the past 12 months. On average, houses spend 26 days on market.

If you're thinking about buying an investment property in Albion, consider that rental yields for houses are currently 3.39 with an average median rent of 650 weekly. Houses have seen -8.33 growth in the past quarter, and 1.85 growth in the past 12 months.

The size of Albion is approximately 1.4 square kilometres. It has 6 parks covering nearly 22.1% of total area. The population of Albion in 2011 was 1,986 people. By 2016 the population was 2,290 showing a population growth of 15.3% in the area during that time. The predominant age group in Albion is 20-29 years.

Households in Albion are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Albion work in a professional occupation. In 2011, 47.4% of the homes in Albion were owner-occupied compared with 37.5% in 2016.

Albion has 88 units available for sale. The median property price for a unit is currently 510,000 with annual capital growth of 9.68 . There were 103 unit sales in the past 12 months. On average, units spend 15 days on market.

If you're thinking about buying an investment property in Albion, consider that rental yields for units are currently 5.61 with an average median rent of 575 weekly. Units have seen 3.03 growth in the past quarter, and 9.68 growth in the past 12 months.

The size of Albion is approximately 1.4 square kilometres. It has 6 parks covering nearly 22.1% of total area. The population of Albion in 2011 was 1,986 people. By 2016 the population was 2,290 showing a population growth of 15.3% in the area during that time. The predominant age group in Albion is 20-29 years.

Households in Albion are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Albion work in a professional occupation. In 2011, 47.4% of the homes in Albion were owner-occupied compared with 37.5% in 2016.

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Key Market Data House Unit
Median price 1,100,000 510,000
Quarterly growth -8.33 +3.03
12-month growth +1.85 +9.68
Average annual growth +5.29 +4.46
Weekly median rent 650 575
Gross rental yield 3.39 5.61
Number of Sales (12m) 22 103
Avg. Days on Market (12m) 26 15
Jump to Market Trends
Key Demographics 2011 2016
Total population 1,986 2,290
Population change (5y) +2.32 +15.30
Median household income (p/w) 1,497 1,742
Household income change (5y) +36.09 +16.37
Median age of persons 34 33
Jump to Demographics Trends
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