Suburb Profile Report for Albion QLD (4010)

Albion House: Median price $705,000, Annual capital growth 5.76%, Number of sales 29, Weekly median advertised rent $460

Albion Unit: Median price $441,600, Annual capital growth 4.59%, Number of sales 85, 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

QLD has seen average median house prices change by 2.11% which means that Albion, 4010 has done well for property investors by showing a capital gain of -0.70% over the last year

Albion,4010 was ranked 1283 in Australia by increase in median property value over the quarter.

Albion, 4010 is offering QLD ‘s 805th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 10% of discounts offered by this QLD.

Often selling an investment property can take time, and in Albion the average time real estate has been on the market is 110.25 days.

Advertised rents are around the $460 mark per week – giving a return of 3.39% based on the median price in Suburb

Over the last year, property investments in Albion, 4010 have given investors a capital gain of 0.36%. This compares averagely with the 1.12% for QLD as a whole.

Taking the average capital gain, or increase in median house value, Albion,4010 has racked up an average of 0.36% over the period. This ranks it number 1681th in the whole country for real estate investors looking at median house price increases.

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, 4010. Typically our figures indicate that -9.10% is being offered, which puts this QLD suburb at 95th most discounted overall in Australia.

The QLD suburb of Albion, 4010 is in the Brisbane local government area.

HOUSE UNIT
$705,000 $441,600
2.96% -1.87%
-0.70% 0.36%
5.76% 4.59%
$460 $385
29 85
3.39% 4.53%
110.25 132.04

Source: CoreLogic

DSR Score for property investment : Balanced (H), Below average (U)
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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
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