Property investors who have had real estate in Albion, 4010 should be relatively pleased with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 9.91%
A 31.29% growth in median value for property investors in Albion,4010 puts this suburb at number 526th in terms of best performing suburbs in QLD
Sellers are offering property buyers an average discount of -8.31% to buyers in Albion at the moment, which is less than average for the rest of QLD.
Giving property investors a a stable capital gain of 10.00% for the last year, Albion, 4010 is the 501th highest performer in Australia in this respect.
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.
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.98% offered to property buyers. Sellers in Albion itself are offering an average vendor discount of -6.21% to real estate investors.
Residents and property investors in Albion have been waiting around 112.71 days to sell a property.
A $390 per week rent on the median house gives suburb investors a gross yield of circa 4.10%, without taking into account capital value appreciation, which has been averaging out at 5.60%.