Suburb Profile Report for Albany Creek QLD (4035)

Albany Creek House: Median price $579,000, Annual capital growth 3.98%, Number of sales 244, Weekly median advertised rent $480

Albany Creek Unit: Median price $397,500, Annual capital growth 2.99%, Number of sales 25, Weekly median advertised rent $400

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 2803th in the list of Australian suburbs ordered by increase in median house value over the last year, Albany Creek, 4035 is in the BOTTOM 40% with a property value increase of 1.58% recorded in median house prices.

Albany Creek,4035 has offered an average of 1.58% return per annum in house price rises to property investors over the last three years.

Property investors looking for a bargain in Albany Creek should be aiming for at least -4.17% off the asking price, which is the average vendor discount being achieved at the moment.

Residents and property investors in Albany Creek have been waiting around 39.54 days to sell a property.

Albany Creek is 505th on a list of best yielding suburbs for rents in QLD with a 4.31% return

At number 1483th in the list of Australian suburbs ordered by increase in median house value over the last year, Albany Creek, 4035 is in the BOTTOM 20% with a property value increase of -6.96% recorded in median house prices.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Albany Creek has increased when compared to the 5 year average annual rate.

Albany Creek4035 is located in QLD which offers an average discount of -6.08% to property investors. Albany Creek itself is showing figures that indicate -4.72% is the average achievable by property buyers investing in the suburb.

Albany Creek, 4035’s gross rental yield is 5.23%

Metrics i HOUSE UNIT
$579,000 $397,500
-0.17% -2.09%
1.58% -6.96%
3.98% 2.99%
$480 $400
244 25
4.31% 5.23%
39.54 46.75

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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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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Recent sales & rentals