Suburb Profile Report for Albany Creek QLD (4035)

Albany Creek House: Median price $581,000, Annual capital growth 4.86%, Number of sales 278, Weekly median advertised rent $470

Albany Creek Unit: Median price $420,000, Annual capital growth 4.76%, Number of sales 43, Weekly median advertised rent $390

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

Source: CoreLogic

  • House Report
  • Unit Report

With a capital gain of 2.83% for the last 12 months, Albany Creek, 4035 has performed for property investments than its average annual 4.86% property growth over the last 5 years.

Taking the average capital gain, or increase in median house value, Albany Creek,4035 has racked up an average of 2.83% over the period. This ranks it number 2016th in the whole country for real estate investors looking at median house price increases.

The most recent median price for Albany Creek is $581000, with sellers offering an average of -4.74% off the asking price.

Albany Creek is 554th on a list of best yielding suburbs for rents in QLD with a 4.21% return

Property investors who have had real estate in Albany Creek, 4035 should be ok 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 0.60%

Comparing Albany Creek,4035 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Our latest figures would indicate that property sellers in Albany Creek are currently offering property investors an average price cut of -3.43% below the asking price at the moment.

Residents and property investors in Albany Creek have been waiting around 78.26 days to sell a property.

Renters in Suburb are facing rents around $4680 per annum or $390 every week.

HOUSE UNIT
$581,000 $420,000
2.51% -1.64%
2.83% 0.60%
4.86% 4.76%
$470 $390
278 43
4.21% 4.83%
45.95 78.26

Source: CoreLogic

DSR Score for property investment : Balanced (U), Good (H)
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Demographics
Total population 15860
Median household income ($/weekly) 1807
Median age of persons 38
Median housing loan repayment ($/monthly) 1950
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 2435 15.4
    25-34 years 1459 9.2
    35-44 years 2336 14.7
    45-54 years 2711 17.1
    55-64 years 1836 11.6
    Others 5083 32.0
    Age Group
    Census Count Percent(%)
    Registered Married 6783 57.4
    Not Married 4227 35.8
    Defacto Relationship 810 6.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 12536 81.0
    Papua New Guinea 538 3.5
    South Africa 321 2.1
    United Kingdom 975 6.3
    Other 324 2.1
    Others 774 5.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 102 0.7
    Christianity 11916 79.4
    Hinduism 88 0.6
    Islam 39 0.3
    No Religion 2830 18.8
    Others 39 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $1,250-$1,499 348 7.2
    $1,500-$1,999 688 14.3
    $2,000-$2,499 630 13.1
    $2,500-$2,999 624 13.0
    $3,000-$3,499 435 9.0
    Others 2089 43.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 5418 44.8
    Not in the labour force 3181 26.3
    Employed, worked part-time 2708 22.4
    Employed, away from work 447 3.7
    Unemployed, looking for work 343 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 1087 12.7
    Professionals 1855 21.6
    Technicians & trades workers 1226 14.3
    Clerical & administrative workers 1619 18.9
    Sales 920 10.7
    Others 1867 21.8
    Occupation
    Census Count Percent(%)
    Pre-school 216 5.0
    Infants/Primary 1687 39.3
    Secondary 1270 29.6
    Technical or Further Educational Institution 299 7.0
    University or other Tertiary Institutions 741 17.3
    Others 75 1.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 14684 95.3
    Semi-detached, row or terrace house, townhouse 652 4.2
    Flat, unit or apartment 68 0.4
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 2592 49.4
    Fully owned 1788 34.1
    Rented 739 14.1
    Other tenure type 131 2.5
    Tenure Type
Census 2011, ABS
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