Over the last year, property investments in Albion, 4010 have given investors a capital gain of 2.34%. This compares averagely with the 2.51% for QLD as a whole.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Albion has increased when compared to the 5 year average annual rate.
Property investors looking for a bargain in Albion should be aiming for at least -7.34% off the asking price, which is the average vendor discount being achieved at the moment.
Residents and property investors in Albion have been waiting around 91.69 days to sell a property.
Using the current median advertised rental of $485 and the average annual increase in value of a median property of 5.06%, investors should hope to achieve an overall return of 3.50%
At number 1199th in the list of Australian suburbs ordered by increase in median house value over the last year, Albion, 4010 is in the BOTTOM 40% with a property value increase of -1.08% recorded in median house prices.
A 8.24% growth in median value for property investors in Albion,4010 puts this suburb at number 95th in terms of best performing suburbs in QLD
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 -8.01% is being offered, which puts this QLD suburb at 180th most discounted overall in Australia.
Residents and property investors in Albion have been waiting around 140.67 days to sell a property.
Renters in Suburb are facing rents around $4590 per annum or $382.5 every week.