Suburb Profile Report for Albion QLD (4010)

Albion House: Median price $725,500, Annual capital growth 5.11%, Number of sales 30, Weekly median advertised rent $470

Albion Unit: Median price $460,000, Annual capital growth 5.09%, Number of sales 104, Weekly median advertised rent $380

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

Source: CoreLogic

  • House Report
  • Unit Report

Albion, 4010 ranked 430th in QLD when comparing growth in median property values or capital gain over the last 12 months. Albion is one of 2415 in our list for QLD

The five-year average increase in median property values for Albion,4010 has given property investors a potential capital gain of 21.93% across each of those five years.

Property investors looking for a bargain in Albion should be aiming for at least -8.05% off the asking price, which is the average vendor discount being achieved at the moment.

Renters in Suburb are facing rents around $5640 per annum or $470 every week.

Albion is an average performer in QLD when comparing median price capital growth over the last year. Albion gave property investors a average capital gain figure when compared to the rest of the state, with 2.22%.

A 10.84% growth in median value for property investors in Albion,4010 puts this suburb at number 147th in terms of best performing suburbs in QLD

State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.15% offered to property buyers. Sellers in Albion itself are offering an average vendor discount of -7.16% to real estate investors.

At number 1374 in a list of fastest selling suburbs, Albion is in the bottom 10% of suburbs in Australia with an average of days on market 131.72 for properties listed there.

Albion is 335th on a list of best yielding suburbs for rents in QLD with a 4.30% return

Metrics i HOUSE UNIT
$725,500 $460,000
1.47% 0.55%
3.27% 2.22%
5.11% 5.09%
$470 $380
30 104
3.37% 4.30%
92.56 131.72

Source: CoreLogic

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